The U.S. dollar is up nearly 1% following the Fed’s rate decision, marking four consecutive days of gains. The U.S. dollar index is up 0.9% for the day and is on track to end July with a gain, its first positive month this year. Federal Reserve Chair Jerome Powell’s comments hint at a possible September rate cut, but also stress the importance of patience in decision-making.
Read more at Dow Jones & Company: Dollar Holds Strong Eyeing a 1% Move
