The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday, sagging ahead of a US tax bill that will be unveiled after a one-day delay.
The dollar slipped 0.25 per cent to 113.920 yen, reports Reuters.
The powerful currency had gained about 0.5 per cent overnight and approached 114.450, its highest level since July 11 set on Friday, underpinned by upbeat US data and enhanced prospects for a December interest rate hike.
The Fed left interest rates unchanged as widely expected, but further sharpened expectations for a year-end rate hike by highlighting “solid” economic growth and a strengthening labour market.
The dollar’s advance, however, was curtailed as other factors pertaining to US fiscal and monetary policy came into focus.
The euro was 0.35 per cent higher at $1.1658 EUR=.
Sterling nudged up 0.25 per cent to $1.3282 GBP=D3 ahead of a Bank of England policy decision due at 1230 GMT.
Against the euro, the pound was at 87.74 pence EURGBP=D3 after advancing to 87.33 pence overnight, its strongest since mid-June.
The dollar index against a basket of six major currencies slipped 0.3 per cent to 94.520, handing back the previous day’s gains.
