The dip in the greenback pulled the dollar index to a one-month low in Asian hours
U.S. gold futures edged 0.2% higher to $1,741.00.
If inflation reaches the Fed's goal while the unemployment rate is below 4% that may be a signal that the economy could be overheating
The central bank will seek to prevent too much inflation from breaking out in an economy it believes is getting close to operating at its full potential
Republican Donald Trump's victory in America's November 8 presidential election has led investors to bet inflation could rise
December rate hike likely to stay on course; Fed's glacial pace of tightening could be influenced though
Philadelphia Fed President Patrick Harker said he expects US rates to move 'meaningfully' away from near zero in the second half of 2016
The barometer 30-scrip sensitive index of the BSE edged-lower by 48 points or 0.19%.