FOREX-Dollar slips after Fed cuts rates

ReutersSep 17, 2025 6:06 PM

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NEW YORK, Sept 17 (Reuters) - The U.S. dollar fell against the euro on Wednesday, after the Federal Reserve cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year.

The euro EUR=EBS was 0.2% higher against the dollar at $1.1894, while the greenback extended losses against the yen to trade 0.5% lower at 145.78 yen JPY=EBS.

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