March 21, 2018 / 6:45 PM / a month ago

FOREX-Dollar's losses grow as Fed sticks to 3 rate-hike view for 2018

NEW YORK, March 21 (Reuters) - The dollar extended its decline against a basket of currencies Wednesday afternoon after Federal Reserve policy-makers signaled they expected three interest rates for 2018, fewer than the four some traders had anticipated.

At 2:40 p.m. EDT (1840 GMT), the index that tracks the greenback versus six currencies was down 0.43 percent at 89.978. It hit a session low of 89.854. (Reporting by Richard Leong)

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