U.S. dollar index down 0.3% to 89.60
U.S. dollar index down 0.3% to 89.60
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U.S. dollar index down 0.3% to 89.60
Gold futures climb on Thursday to settle at their highest in more than two weeks, extending their gain from a day earlier as the precious metal tracked a dollar limited by signs the Federal Reserve will stick to a more-conservative script with interest-rate policy this year.
ICE U.S. Dollar Index down 0.1% at 89.680
Dollar index holds modest losses after jobless claims
ICE U.S. Dollar Index down 0.7% at 89.749
Dollar index extends weakness during Powell news conference
The U.S. Dollar sold off on Wednesday following a the Federal Reserve's policy announcement that included a dovish interest rate hike. While the central bank raised rates by 25 basis points, in line with expectations, it also stuck with its plan to only complete another two additional rate hikes -- three in total -- this year. Analysts had been hopeful for a revision of the Fed's 'dot plots', which measure the expected rate hikes, from three to four this year. The greenback, which had been weak ahead of the announcement, extended its losses across the board in response. The ICE U.S. Dollar Index dropped 0.6% to 873. A press conference discussing the policy announcement will take place at 2.30 p.m. Eastern.
ICE U.S. Dollar Index down 0.5% at 89.952
Dollar Index extends losses as Federal Reserve raises interest rates
ICE U.S. Dollar Index down 0.2% at 90.180
The yellow metal has been rallying, but some experts see a much stronger move ahead to record levels. Why gold resembles bitcoin.
The yellow metal has been rallying, but some experts see a much stronger move ahead to record levels. Why gold resembles bitcoin.
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