{"id":80504,"date":"2023-02-23T15:07:51","date_gmt":"2023-02-23T11:07:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=80504"},"modified":"2023-02-23T15:07:53","modified_gmt":"2023-02-23T11:07:53","slug":"us-dollar-stabilized-near-the-highest-level-in-several-weeks","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-dollar-stabilized-near-the-highest-level-in-several-weeks\/02\/23\/market-updates\/","title":{"rendered":"US Dollar stabilized near the highest level in several weeks"},"content":{"rendered":"\n<p>The dollar settled below a multi-week high against other major currencies on Thursday, a day after it received support from the latest Federal Reserve minutes that did not change the market&#8217;s expectations that the US central bank will raise interest rates further.<\/p>\n\n\n\n<p>The euro settled at $ 1.0606, slightly above its lowest level in seven weeks at $ 1.0598, which it reached in the previous session, and the dollar reached 134.8 Japanese yen, away from its highest level in two months at 135.2, which it recorded on Tuesday.<\/p>\n\n\n\n<p>During Thursday, the dollar index, which measures the performance of the greenback against six major currencies, settled at 104.48.<\/p>\n\n\n\n<p>The index rose 0.36% on Wednesday after the minutes of the Federal Open Market Committee meeting that took place between January 31 and February 1 showed that almost all policy makers favored lower interest rate hikes, but also indicated that curbing unacceptably high inflation would be The &#8220;key factor&#8221; in the amount of interest rate hike needed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar settled below a multi-week high against other major currencies on Thursday, a day after it received support from the latest Federal Reserve minutes that did not change the market&#8217;s expectations that the US central bank will raise interest rates further. The euro settled at $ 1.0606, slightly above its lowest level in seven &hellip;<\/p>\n","protected":false},"author":9,"featured_media":80402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7770,8444,8367],"class_list":["post-80504","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fomc-minutes","tag-hawkish-language","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=80504"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80504\/revisions"}],"predecessor-version":[{"id":80505,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80504\/revisions\/80505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/80402"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=80504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=80504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=80504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}