United States Dollar Index strengthens above 99.50 as Fed rate hike bets rise

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.60 in the Asian trading hours on Tuesday. The DXY edges higher on expectations of a US Federal Reserve (Fed) interest rate hike on Wednesday. 
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Swiss Franc remains under pressure against US Dollar, Fed’s policy in focus

The Swiss Franc (CHF) is down against the US Dollar (USD) on Tuesday, with the USD/CHF pair trading slightly higher at around 0.8178 in the Asian session.
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