Dollar Lower as Traders See US Rates Peaking, Eyes on BoE

Dollar Lower as Traders See US Rates Peaking, Eyes on BoE
U.S. dollar banknote is seen in this picture illustration taken on May 3, 2018. Dado Ruvic/Reuters
|Updated:
0:00

LONDON—The dollar fell broadly on Thursday, with risk-sensitive Asia-Pacific currencies leading gains as investors grew more convinced of a likely peak in U.S. interest rates after the Federal Reserve left them on hold.

Focus now turns to the Bank of England and whether it conveys a similar message at today’s policy announcement.