The dollar’s two-week rally has room to run, with Goldman Sachs Group Inc. citing scope for greenback strength versus the yen, while Bank of America Corp. projects gains against the pound and the Australian dollar. The Bloomberg Dollar Spot Index posted its first consecutive weekly gains since January after falling to an almost one-year low on May 3. It reached a six-week high Friday after data showed April retail sales increased by the most in a year, adding to the case for the Federal Reserve to raise interest rates this year. The monetary-policy divergence trade, or betting on greenback gains as the central bank tightens policy while most other major nations ease, faltered early this year with the dollar down about 4 percent. Yet the greenback is still set to benefit as the Fed, albeit at a slower pace than previously expected, will be lifting rates more and at […]