RTRS; U.S. crude futures jump $2 on dollar ahead of Fed
NEW YORK, March 16 (Reuters) - U.S. crude oil futures rose more than $2 on Tuesday as the dollar weakened, stock markets edged up and markets awaited results of a Federal Reserve policy meeting.
The dollar fell against the euro and a basket of currencies on expectations the Federal Reserve would repeat its intent to keep interest rates low for an extended period. [USD/]
On the New York Mercantile Exchange at 11:09 a.m. EDT (1509 GMT), April CLJ0 crude was up $2.01, or 2.52 percent, at $81.81 a barrel, trading from $79.32 to $81.99. (Reporting by Robert Gibbons)
