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Dollar Steady as Markets Await Inflation Data After Fed Decision

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Singapore, October 29 (QNA) - The US dollar was little changed on Thursday after the Federal Reserve held interest rates steady, as investors awaited inflation data for fresh clues on the outlook for US monetary policy.

The dollar index, which measures the greenback against a basket of six major currencies, stood at 102.26.

In early Asian trading, the euro fell 0.15% to $1.1134, retreating after gaining 0.3% in the previous session. The dollar strengthened 0.14% against the yen to 158.045 yen.

The New Zealand dollar held at $0.5621 after sliding as much as 1.7% following the Reserve Bank of New Zealand's decision to keep its policy rate unchanged at 2.75%.

The Australian dollar was steady at $0.705, trading near a one-month high. (QNA)

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