Stay updated with breaking news from Sim Moh. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VCXS22UNCBJXHKJWIKUARV5ZIM.jpg)
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