The U.S. dollar turned quite weak against most of its rivals on Wednesday after the Federal Reserve indicated that interest rates are likely to remain at current near-zero levels through 2022.
The dollar index dropped to a low of 95.72 soon after the policy announcement by the Federal Reserve. It regained some ground after that, and after another slip, recovered to 96.10 around late afternoon, but was still down in negative territory, losing about 0.23% from previous close.
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