The dollar posted fresh highs versus the yen, Swiss franc and some other currencies, though the overall breadth and momentum of gains waned as markets digest the Fed’s hawkish up-gearing. EUR-USD floated back above 1.1900, leaving unchallenged yesterday’s post-Fed low at 1.1861. USD-JPY, by contrast, managed to lift to a new four-month high, at 112.71, with the BoJ re-committing to prevailing dovish policy settings and means.
[EUR, USD]