Dollar Rate Today- April 18, 2024

The US Dollar (USD) drifted higher on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first rate cut since 2020 to later this year.

Comments from New York Fed President John Williams saying he does not “feel the urgency to cut interest rates,” given the strength…