Tag Archive | "Federal Reserve meeting"

Dollar edges higher ahead of Fed announcement

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On Wednesday as investors braced for the end of a Federal Reserve meeting expected to keep U.S. interest rates at record lows, the dollar edged higher but still remained near a one-year low against a basket of currencies .

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Euro fell to session lows versus the dollar

After a French government official said France was worried about the single currency’s strength, the euro fell to session lows versus the dollar.

Dollar index .DXY

In midday trading, the dollar index .DXY, by which the dollar’s value against a basket of six other major currencies is measured, was higher at 76.211, off an earlier low of 75.892, this is a level that is not seen since last September.

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