Dollar Hovers Near 5-Month Low Ahead of Fed Policy Decision Singapore, 19 Mar (ONA) —- The US dollar has been trading near a five-month low against major currencies ahead of the Federal Reserve’s policy decision expected later today. The dollar index, which measures the greenback against a basket of six major currencies, recently hit a low of 103.19, its weakest since October 2024. Investors are keenly awaiting the Federal Reserve’s announcement to ...