Dollar boosted after Fed policymakers raise prospects of 2015 rate increase
Posted on September 22, 2015 at 10:57 am GMTAfter last week’s much-anticipated FOMC meeting struck a surprisingly more dovish tone than markets had expected, Fed officials have since been signalling that the decision to keep rates unchanged was a close call and a rate hike later this year remains a likelihood. The dollar index, which measures the value of the dollar against a basket of major currencies, fell to a 3½-week low following the FOMC statement last Thursday. The statement cited the downward pressure on inflation in the [..]