Dollar seeks direction after hitting two-month high

WASHINGTON: The dollar index was off a two-month high Thursday after Federal Reserve meeting minutes left the door open for more rate hikes and data this week indicated a resilient US economy.

The Norwegian crown rose from six-week lows against the dollar and the euro on Thursday after Norges Bank raised interest rates, as expected, and said it was likely to hike again in September.

The US dollar index was 0.145% lower on the day at 103.300, after hitting a two-month high of 103.59.

The greenback has drawn support from a recent run of US economic data reinforcing the view that interest rates will remain high for some time.