The dollar caught a little support on Thursday after the Federal Reserve offered no real clues about its next moves, beyond an expected pledge to keep policy easy as a fresh surge in coronavirus infections stalls the U.S. economic recovery.
FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking
“Excitement running into the Fed meeting has died down after the meeting turned out very much as expected, and the dollar is slipping in to a bit of a trading range,” said Moh Siong Sim, currency analyst at the Bank of Singapore. That has investors nervously eying Congress’ impasse and likely to be looking even closer at the latest weekly jobless numbers due at 1230 GMT.
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