US dollar holds gains after Fed keeps rates steady, but leaves door open for another hike

US dollar holds gains after Fed keeps rates steady, but leaves door open for another hike

US dollar holds gains after Fed keeps rates steady, but leaves door open for another hikeWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>MARKETS>Currencies>US dollar holds gains af...PHOTONEW YORK - The U.S. dollar held gains on Wednesday after the Federal Reserve held interest rates steady, but didn't rule out another rate increase as it acknowledged the economy's unexpected resilience despite the Fed's aggressive tightening launched more than a year ago.The dollar index was last up 0.2% at 106.90. Against the yen, the dollar fell 0.5% to 151.06 yen, the same level before the Fed rate decision.(Reporting by Gertrude Chavez-Dreyfuss)Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body