The dollar strengthened against its main rivals Wednesday, but still posted quarterly declines against the euro and yen after the Federal Reserve opted to leave interest rates unchanged at its September policy meeting.The euro EURUSD, -0.1342% traded at $1.1177 late Wednesday in New York, down 0.7% from $1.1248 late Tuesday in New York. The dollar USDJPY, +0.14% was little-changed at ¥119.88 late Wednesday. The euro gained 0.3% against the dollar, its second straight quarter of gains, while the dollar shed 2% of its value against the yen.
Commodity-linked currencies like the Australian and Canadian dollar rebounded Wednesday after weakening for most of the past two weeks. The Aussie AUDUSD, +0.3847% traded at 70.21 cents, up 0.3% from 70.02 cents late Tuesday in New York. The loonie CADUSD, +0.1203% traded at 74.60 cents, up 0.2% from 74.50 cents late Tuesday. Both currencies posted large quarterly declines against the buck. They were down 8.9% and 6.2%, respectively.
The ICE U.S. Dollar index DXY, +0.08% a measure of the bucks’ strength against a basket of six currencies, was up 0.4% late Wednesday at 96.2540.
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