NEW YORK: The euro rose slightly against the dollar on Thursday, a day after the US central bank left interest rates untouched but signaled cautious optimism.
At 2100 GMT, the euro stood at $1.1076, down from $1.1119 during the day's trading but slightly up from $1.1062 on Wednesday.
The dollar stabilized against the yen at 116.65 versus 116.49 late Wednesday. The Bank of Japan is due to wrap up a policy meeting on Friday as markets await word of economic stimulus plans.
Unlike the euro, the British pound was down against the dollar, buying $1.3166 versus $1.3224 on Wednesday.
"The euro is bouncing around now as you'd expect in the immediate aftermath of a statement like this," said Omer Esiner of Commonwealth Foreign Exchange.
"I expect this will be, as the dust settles, marginally positive for the dollar," he said.
"It was a slightly improved statement from the last one we got and it should keep alive if not increase expectations for a fed rate hike by end of year."
2100 GMT Thursday Wednesday
EUR/USD 1.1076 1.1062
EUR/JPY 116.65 116.49
EUR/CHF 1.0866 1.0898
EUR/GBP 0.8413 0.8365
USD/JPY 105.32 105.31
USD/CHF 0.9810 0.9852
GBP/USD 1.3166 1.3224
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