The US dollar fell against its peers on Thursday, on profit-taking from a 5-week high, ahead of key data on the main sectors in the US during September.

The dollar index fell 0.4% to 93.10 points, after opening at 93.48 points, and hit a high and the highest since August 20 at 93.52 points.

The US dollar index rose 0.25% yesterday, after the Federal Reserve's decisions.

The Federal Reserve voted to maintain rates unchanged, but hinted at starting to reduce bond-buying soon.

Fed Chairman Jerome Powell said if the US economy continues to recover, the Fed may announce the date of reducing bond-buying next November.

The Federal Reserve projected to raise interest rates 3 times in 2023 and 3 more times in 2024, to reach 1.8% by the end of 2024.

At 13:45 GMT, the flash reading for the US manufacturing PMI will be released, which is expected to reach 60.7 points during August from 61.1 points in July, and the services PMI reading is expected to reach at 55.0 points from 55.1 points.

Copper prices fell on Thursday, despite the US dollar's fall against most currencies, as investors parse the Federal Reserve's statement.

The US Federal Reserve has kept the interest rate between zero and 0.25% unchanged, but projected to raise it 3 times in 2023 and 3 more times in 2024, to reach 1.8% by the end of 2024.

The Fed also estimated the US GDP to grow by 3.8% in 2022, 2.5% in 2023, and 2% in 2024.

The dollar index fell against a basket of currencies by 0.1% to 93.3 points as of 05:33 GMT, after it hit a high of 93.5 points and a low of 93.3 points.

Copper December futures contracts fell 1% to $4.20 per pound.

Oil prices rose on Thursday, as the US dollar fell against its peers, and after a drop in the US crude inventories.

The Energy Information Administration reported yesterday that the US crude inventories fell 3.5 million barrels to 414 million barrels during the past week, while analysts forecast a drop by 3.8 million barrels.

The market continues to follow Evergrande's crisis and it its impact on the Chinese economy.

The People's Bank of China has injected $18.6 billion into the banking system, in attempts to ease global markets' concerns.

The dollar index fell against a basket of currencies by 0.1% to 93.3 points as of 03:56 GMT, after it hit a high of 93.5 points and a low of 93.3 points.

WTI crude October futures rose 0.2% to $72.4 a barrel.

Brent November futures rose 0.2% to $76.4 a barrel.

Euro rose against a host of currencies on Thursday as investors digest the Federal Reserve's policy meeting yesterday and ahead of economic data.

The Federal Reserve voted to maintain rates at between zero and 0.25% unchanged while expecting to raise rates three times in 2023 and three more times in 2024 to 1.8%.

The Federal Reserve expects the US GDP to grow by 3.8% in 2022, and by another 2.5% in 2023, and by 2% in 2024.

Later today, data on German and overall European manufacturing and services data will be released. 

EUR/USD rose 0.2% as of 5:08 GMT to 1.171, with an intraday high at 1.1712, and a low at 1.1684.