MW: Dollar weakens as Fed leaves interest rates on hold
The dollar weakened Wednesday against its main rivals after the Federal Reserve left interest rates on hold while offering no hint that a hike might follow later this summer. The euro EURUSD, +0.5265% climbed to $1.1283 after the Fed decision, compared with $1.1240 shortly beforehand. The dollar USDJPY, -0.31% slid to 105.73 yen from 105.90 yen shortly before. The pound GBPUSD, +0.3259% strengthened to $1.4172 from $1.4147.
