John F. Clark 
United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington in this November 14, 2014, file photo. Dollar bulls were on the defensive on March 30, 2016 after Federal Reserve chair Janet Yellen’s cautious tone left markets wondering if there will be even one hike to U.S. interest rates this year. REUTERS/Gary Cameron/Files
Investing.com – The Greenback Vinzite slipped lower in opposition to the opposite major’s currencies on Thursday but remained hovering close to a 14-year high as expectations for more U.S. interest rate hikes continued to help.
This week, trading volumes had been expected to be skinny as dealers were starting to unwind positions in advance of the Christmas holiday. The United States’ one-dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington in this November 14, 2014, file photo. Dollar bulls were on the defensive on March 30, 2016, after Federal Reserve chair Janet Yellen’s cautious tone left markets wondering if there would be even one hike to U.S. interest rates this year. REUTERS/Gary Cameron/Files
The dollar remained extensively supported after the Federal Reserve concluded its coverage assembly the remaining week by raising interest rates by 25 basis points and projected 3 more interest rate hikes for 2017.
Market individuals were looking in advance to U.S. reviews on jobless claims, durable goods orders, private spending, and an economic increase due later in the day, Dba Press.
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In some other places, GBP/USD edged down by 13%, to 1.2336, still close to Tuesday’s one-month low of one.2310.
USD/JPY turned out to be little modified at 117. fifty-five, at the same time as USD/CHF, shedding 0.21% to 1.0247.
The Australian Greenback becomes weaker, with AUD/USD down 0.29% at 0.7212, whilst NZD/USD delivered 0.13% to 0.6906.
Meanwhile, USD/CAD won zero.34% to exchange at 1.3457.
The U.S. Dollar index, which measures the dollar’s power in opposition to a trade-weighted basket of six primary currencies, turned down 16% at 102.88, just off Tuesday’s sparkling 14-12 months high of 103.
