Economic news

Review: Dollar limps on Fed rhetoric

The dollar retreated on the prospect of a less hawkish, than it was expected, monetary policy of the U.S. Federal Reserve.

The U.S. dollar index against a basket of six major currencies was at 100.24, after dipping to a six-week low of 100.02 on Monday.

The euro rose to $1.0758, near a six-week high of $1.07825, retaining its gains achieved last week after the defeat of extreme right-wing leader Geert Wilders at election in Holland, which reduced fears about the spread of the populist trend in European politics.


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