Dollar Rises Across the Board

The U.S. Dollar (USD) rose on Thursday across the board, following the Bank of England (BoE) first policy meeting of the year, in which it indicated no plans to set negative interest rates during the next six months.

The Dollar Index (DXY), which measures the greenback’s performance against a basket of six international currencies, is up by around 0.40% at 91.53.

The index has been moving in the positive territory, moving in a range between 91.09 and 91.58, on the back of declines by the British Pound (GBP) and the Euro (EUR).