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Dollar falls after Fed hike, Powell comments

(Updates with Powell comments) By Chuck Mikolajczak NEW YORK, July 27 (Reuters) - The dollar fell on Wednesday against a basket of major currencies after the U.S. Federal Reserve raised interest rates by 75 basis points, as was widely anticipated, and comments from Fed Chair Jerome Powell spurred hopes for a slower hiking path. The central bank rai
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Dollar slightly lower after Fed hikes by 75 basis points

(Updates with Fed statement) By Chuck Mikolajczak NEW YORK, July 27 (Reuters) - The dollar was slightly lower on Wednesday against a basket of major currencies after the U.S. Federal Reserve raised interest rates by 75 basis points, as was widely anticipated, but noted signs of a softening economy. The greenback initially moved higher after the sta
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Dollar advances with all eyes on Fed

(Corrects data release day to Wednesday in paragraph 9) By Chuck Mikolajczak NEW YORK, July 27 (Reuters) - The dollar rose modestly against a basket of major currencies on Wednesday as investors braced for the latest policy announcement from the U.S. Federal Reserve in which the central bank is widely expected to hike interest rates by 75 basis poi
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Gas woes drag euro lower, dollar gains on recession worry

* Dollar index climbs for first time in four sessions * Euro on pace for biggest daily pct decline in two weeks By Chuck Mikolajczak NEW YORK, July 26 (Reuters) - The dollar rose against a basket of major currencies on Tuesday, reversing course after three straight sessions of declines as recession fears grew and investors awaited a Federal Reserve
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Gas woes weigh on euro, dollar gains after WalMart warning

* Dollar index climbs for first time in four sessions * Euro on pace for biggest daily pct decline in two weeks By Chuck Mikolajczak NEW YORK, July 26 (Reuters) - The dollar rose against a basket of major currencies on Tuesday after three straight sessions of declines ahead of a U.S. Federal Reserve policy statement, while concerns over the possibi
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