The dollar initially fell, rose to session highs, then turned choppy after the as-expected 25 basis point Fed rate hike. The dot-plot remained at 3 2018 tightenings (some had been expecting a shift to 4), which was likely the catalyst for the initial dollar-slide. Overall however, the statement was little changed, and in the scheme of things, the greenback was little changed. Wall Street initially rallied on the 3 dot outcome, though later fell back, while Treasury yields chopped around before settling little changed.
[EUR, USD]