The euro fell on Thursday while the U.S. dollar rose on diverging market views about next moves from top central banks, while the greenback's advance sent gold prices on their largest drop in three weeks.
Wall Street stocks traded slightly lower, a gauge of global equities fell the most in a week, and crude prices fell alongside other risk assets.
The dollar rose for a fifth straight session against a basket of major currencies as the Federal Reserve's latest outlook was perceived as less dovish than expected.
The greenback's gains extended as the euro fell after a drop in eurozone inflation to its lowest in nearly four years raised speculation the European Central Bank will further ease monetary policy.Market expectations that the Fed would continue its $85 billion a month bond-buying stimulus well into next year were not fully met, and some now see a chance for the Fed to begin a wind-down in December.
Source: Reuters
