The dollar index against a basket of six major currencies fell 0.93 percent to 100.74 on Wednesday after the Federal Reserve raised interest rates by an expected 25 basis points, but signaled a more gradual pace of monetary tightening this year than many in the market anticipated, with officials sticking to their outlook for two more rate hikes this year and three more in 2018. The euro jumped 1.23 percent at $1.0732 against the greenback. Against the yen, the dollar was down 1.20 percent at 113.35. The euro is expected to meet resistance and support against the dollar at $1.0828 and $1.0597 respectively, while the dollar is expected to meet resistance and support against the yen at 114.88 and 112.02 respectively.

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