The U.S. dollar rose against major currencies post-Fed rate cut but with no urgency for more cuts. Data showed fewer Americans filing for unemployment benefits, supporting the dollar. The British pound weakened despite the Bank of England holding rates. Analysts were divided on the Fed’s messaging, leading to a swing in the dollar’s strength.

Norway cut rates, causing the Norwegian crown to fall. The yen slipped ahead of the Bank of Japan’s policy decision. New Zealand’s GDP dropped, affecting the New Zealand dollar. Bitcoin saw a 1.9% increase. Markets are watching Japan’s upcoming leadership change and the potential for rate hikes.

Read more at Yahoo Finance: Dollar recovers as Fed fails to meet dovish expectations