US Dollar Strengthens Following Fed's Rate Decision

الدولار
06/18/2026 - 12:35

The US dollar continued its gains against the Euro on Wednesday after the Federal Reserve maintained interest rates at current levels.

The Fed’s statement indicated that policymakers anticipate raising borrowing costs later this year, driven by escalating concerns over inflation.

The Euro slipped 0.5% to reach $1.1553, while the dollar recouped its losses against the Yen, trading virtually unchanged at 160.435 yen.

Source
Algerian Radio Multimedia