Forex Top Story

Dollar Climbs To Fresh 2-decade High, Then Pares Gains And Turns Mixed

The U.S. dollar climbed higher on Thursday, extending gains from the previous session after the Federal Reserve raised rates by 75 basis points and signaled more hikes in the coming months to rein in inflation.

In U.S. economic releases today, the Labor Department's report showed initial jobless claims inched up to 213,000 in the week ended September 17th, an increase of 5,000 from the previous week's revised level of 208,000.

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by RTTNews Staff Writer

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