Dollar gains against peers after Powell's cautious rate outlook
Yahoo Finance·2025-09-23 23:57
By Chibuike Oguh and Canan Sevgili NEW YORK/LONDON (Reuters) -The U.S. dollar gained against peers including the yen, Swiss franc and euro on Wednesday, after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing overnight. The dollar strengthened 0.54% to 0.795 against the Swiss franc, on track to snap two consecutive sessions of losses. The euro was lower against the dollar after German business morale fell unexpectedly in September. It was last down 0.69% at $1.1734 after ris ...