US dollar hits lowest in week as investors gauge Fed policy, euro firmer - Moneycontrol

The Fed's monetary policy turned hawkish with its quarter-percentage-point rate increase Wednesday and projection that the federal funds rate would reach a range of 1.75% to 2% by the end of 2022 and 2.8% next year, but the central bank did not deliver a toug…

The United States dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve's monetary policy outlook a day after the U.S. central bank's expected interest rate h… [+2249 chars]

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