US dollar rebounds after Federal Reserve holds interest rates steady
The dollar regained ground in Asian trading after the Federal Reserve kept interest rates unchanged, leaving markets watching for policy signals.
Key Takeaways
AIThe US dollar regained its footing in Asian trading on Thursday after the Federal Reserve left interest rates unchanged, with Federal Reserve Chair Kevin Warsh keeping markets on edge over how internal disagreements within the rate-setting committee will be resolved.
The dollar index, which measures the greenback against six major currencies, rose 0.1% to 100.93 points.
Sterling slipped 0.2% to $1.3347 ahead of the Bank of England's interest rate decision, due at 11:00 GMT.
The Australian dollar held steady at $0.6953, while the New Zealand dollar rose 0.2% to $0.5809. The yen was steady at 163.465 per dollar.