The New York Stock Exchange building is seen along Wall Street on August 1, 2018 in New York City. The Federal Reserve did not make a change in the interest rate as some experts had predicted. Stephanie Keith/Getty Images/AFP
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The U.S. dollar held on to gains against a basket of its peers on Thursday, after the Federal Reserve gave an upbeat assessment of the world's biggest economy and stayed on course to gradually lift interest rates.The safety bid for the dollar was further bolstered by higher U.S. Treasury yields.The dollar dropped 0.15 percent to 111.56 yen though it still held on to much of its gains made on Tuesday following the Bank of Japan's pledge to keep rates low for an extended period, even as it made a new commitment to allow yields to move more freely.The euro remained soft against the dollar, trading 0.1 percent lower at $1.16505 .
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