The dollar recovered against the euro in European trade on Thursday after falling to a two-and-a-half year low after the Federal Reserve's interest rate decision.
The central bank has generally stuck to its monetary policy promises, but has also pointed to a weaker level of inflation in the United States more clearly than before, leading to the continued intermittent decline of the dollar index, which dates back to early March.
Against the euro, the dollar fell 13 percent from the January peak and lost 5 percent in the last four weeks, raising concerns about the strength of the euro, which European policymakers will want to allow without intervention.
By 0703 GMT, the dollar remained almost stable at $ 1.1728 per euro after falling to $ 1.1777 in Asian trade.
On the other hand, the dollar fell 0.2 percent against the basket of currencies used to measure the performance of the US currency and fell 0.5 percent against the Australian dollar, one of the currencies linked to the trade of commodities, which benefit from the rise in oil and metal prices this week.
LONDON (Reuters)
