The U.S. dollar "is set to decline further" as the Federal Reserve keeps interest rates very low for years

The U.S. dollar "is set to decline further" as the Federal Reserve keeps interest rates very low for years

The U.S. Dollar Index Futures that tracks the greenback against a basket of other currencies was down 0.21% to 91.938

The dollar was little changed against European currencies in early trading in Europe Monday

The dollar was little changed against European currencies in early trading in Europe Monday

The dollar was little changed against European currencies in early trading in Europe Monday

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.09% to 92.293

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.09% to 92.293

The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.09% to 92.293

The safe-haven yen fell against the dollar, dropping 0.26% to 106.695 per dollar , its lowest since Aug.

The safe-haven yen fell against the dollar, dropping 0.26% to 106.695 per dollar , its lowest since Aug.

The safe-haven yen fell against the dollar, dropping 0.26% to 106.695 per dollar , its lowest since Aug.

Powell is scheduled to address the Fed's annual central bankers' conference later Thursday

Powell is scheduled to address the Fed's annual central bankers' conference later Thursday

Powell is scheduled to address the Fed's annual central bankers' conference later Thursday

“If we don’t get dovishness, I expect you might actually get rates rising and pop up higher in the U.S. dollar,” Westpac FX analyst Imre Speizer told Reuters.

“If we don’t get dovishness, I expect you might actually get rates rising and pop up higher in the U.S. dollar,” Westpac FX analyst Imre Speizer told Reuters.

“If we don’t get dovishness, I expect you might actually get rates rising and pop up higher in the U.S. dollar,” Westpac FX analyst Imre Speizer told Reuters.

As Kit Juckes, a currency analyst at Societe Generale (OTC: SCGLY), puts it: “The dollar’s very overvalued but the euro isn’t very undervalued.”

As Kit Juckes, a currency analyst at Societe Generale (OTC: SCGLY), puts it: “The dollar’s very overvalued but the euro isn’t very undervalued.”

As Kit Juckes, a currency analyst at Societe Generale (OTC: SCGLY), puts it: “The dollar’s very overvalued but the euro isn’t very undervalued.”

The dollar was flat on Thursday morning in Asia over disappointing minutes from the U.S. Federal Reserve’s last policy meeting.

The dollar, often viewed as a safe-haven, is set for its fourth straight monthly decline, trading at a more than two-year low.

The dollar, often viewed as a safe-haven, is set for its fourth straight monthly decline, trading at a more than two-year low.

The dollar, often viewed as a safe-haven, is set for its fourth straight monthly decline, trading at a more than two-year low.