Investing.com - The dollar was close to 14-year highs Thursday as more Fed hikes next year factored in.
The FOMC Wednesday as widely expected raised the Fed funds target rate by 25 basis points to 0.50-0.75%.
The so-called ""dot plot"" of Fed members expectations point to three more hikes in 2017, up from two in September.
The dollar index was up 0.40% at 102.44 at 02:30 ET. Euro fell 0.42% to $1.0492 near 21-month lows.
The greenback jumped to well over 117 yen.
U.S. Treasury yields jumped. The 10-year approached 2.6% The U.S. 2-year surged to 1.27%.
The FOMC increased its growth forecast for next year with inflation seen approaching the target of 2%.