The dollar appreciated broadly on Thursday, a day after the Federal Reserve indicated it was in no rush to cut interest rates further this year due to uncertainties around U.S. tariffs.

The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up inflation and slow the economy

The US central bank has cut its growth forecast as it warned President Donald Trump's tariffs were "clearly" driving up prices. The Federal Reserve released its projections for the world's largest economy on Wednesday while keeping interest rates unchanged again,