The U.S dollar index is on track for a 0.5% weekly gain following record-buying at the start of the week
The U.S. Dollar Index which tracks the greenback against a basket of major currencies inched up 0.05% to 90.4020.
U.S. Dollar Index traded at 90.427 points hitting its lowest level since April 2018,
Trading activity in the currency market has been feeble overall, due to a holiday in the U.S.
Spot gold, known for tracking bullion prices in bullion, gained 1.8% to settle at $1,928.31.
Anticipation of further stimulus measures to support the U.S. economic recovery has set the greenback into retreat mode.
Investors tilted more towards the dollar as it edged up 0.19% to 93.920 by 4.40 am GMT.
Currency traders are now adding more bets on the U.S dollar especially against the euro.
The Fed's message is that policy will remain accommodative, but there is no real appetite for adding to the easing.
Gold futures edged up 0.46% to trade at $1975.30
