The US dollar rises after the Federal Reserve's decision

The US dollar rises after the Federal Reserve's decision

The US dollar rose against major currencies today after the Federal Reserve kept interest rates unchanged, and interest rate-sensitive two-year Treasury bond yields rose to their highest levels in 17 years after the Fed’s decision.

The Japanese yen fell against the US dollar by 0.13% to 148.05 yen, and the pound sterling fell against the US dollar by 0.28% to $1.2357 after annual inflation in Britain unexpectedly fell in August.

The main dollar index, which measures the performance of the US currency against 6 major currencies, rose by 0.09% to 105.21 after falling to 104.66 earlier in the session, and the index rose for the ninth consecutive week last week, which is its longest series of gains in nearly a decade.

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