Investing in Currencies

By Ankur BanerjeeSINGAPORE (Reuters) -The dollar rose on Tuesday as investors pared back bets on near-term rate-cuts by the U.S. Federal Reserve following hawkish comments from European Central Bank officials, while worries of more attacks on ships in the Red Sea weighed on risk sentiment.Against a basket of currencies, the dollar rose about 0.3% to 102.94, after having gained 0.2% overnight in subdued trading during a U.S. public holiday on Monday.The euro fell 0.3% to $1.0912, set for its steepest one-day percentage drop in two weeks. Sterling was last at...