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FromThe Wall Street Journal

Fed Hike Adds to Dollar Momentum

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(The Wall Street Journal) --1423 ET – The Fed hikes as expected, but the unanimous decision comes as a surprise “considering that lack of consensus seemed to be the theme with FOMC officials in the last few meetings,” Monex USA’s Juan Perez writes. An increase in the WSJ Dollar Index gains traction and the gauge is up 0.3%. “Naturally, the U.S. Dollar is gaining some momentum, although the decision was very much priced-in,” Perez says. He expects markets to get more volatile during Chairman Warsh’s press conference. The dollar strengthens 0.3% against the yen and 0.4% versus the euro.

Reporting by Paulo Trevisani