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TOKYO: The US dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in...

By Rocky Swift TOKYO (Reuters) - The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China's and New Zealand's currencies fell on signs of weakness in those economies. The market's attention is now turning to other central bank decisions late this week. The dollar index rose 0.28% to 103.21, recovering from a four-week low

TOKYO : The U.S. dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China's and New Zealand's currencies fell on signs of weakness in those economies.The market's attention is now turning to other central bank decisions late this week, with

The dollar index rose 0.28% to 103.21, recovering from a four-week low of 102.66 on Wednesday after the Fed held interest rates steady but signalled that borrowing costs would increase by another 50 basis points (bps) by end-December. The European Central Bank announces its next rate decision on Thursday, with markets pricing in a 25 basis-point hike and another in July before a pause for the rest of the year.

The U.S. dollar strengthened on Thursday after the Federal Reserve left borrowing costs unchanged but signaled further rate hikes to come.

By Samuel Indyk London (Reuters) - The U.S. dollar strengthened on Thursday after the Federal Reserve left interest rates unchanged but signalled further rate hikes to come this year as attention turned to the European Central Bank policy announcement later in the day. The Fed's policy decision snapped a string of 10 consecutive rate hikes, but the projections, or dot plot, showed policymakers

The U.S. dollar held gains on Thursday after strong U.S. banking results firmed up expectations that the Federal Reserve will keep monetary policy tight for a while longer, and New Zealand's dollar slumped after cooler than expected inflation data.

The U.S. dollar held gains on Thursday after strong U.S. banking results firmed up expectations that the Federal Reserve will keep monetary policy tight for a while longer, and New Zealand's dollar slumped after cooler than expected inflation data. The dollar index, which tracks the currency against a basket of its peers, was little changed at 101.96 after climbing 0.27% on Wednesday.

The U.S. dollar held gains on Thursday after strong U.S.

TOKYO (Reuters) - The U.S. dollar held gains on Thursday after strong U.S. banking results firmed up expectations that the Federal Reserve will keep monetary policy tight for a while longer, and New Zealand's dollar slumped after cooler than expected inflation data. | 10:24pm