The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.95 during the Asian trading hours on Thursday. The DXY steadies following a hawkish hold from the US Federal Reserve (Fed).
The US central bank on Wednesday kept the key interest rate in a range between 3.50% and 3.75%. The Fed’s 8–4 decision to leave the rate unchanged was its most divided since 1992, drawing three dissents