Dollar Rebounds From Lows as Fed Ups Growth Outlook, Signals Low Rates to Continue

Dollar Rebounds From Lows as Fed Ups Growth Outlook, Signals Low Rates to Continue

By Administrator_India Capital Sands The dollar rebounded from lows Wednesday, as the Federal Reserve forecast rates to remain on hold until at least 2023, but also upgraded its economic outlook, citing a faster recovery. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose by 0.17% to 93.24. […]

Continue Reading