Gold edged up 0.1 per cent to $1,227.8101 an ounce. The greenback remained under pressure for a third straight session after the Fed quashed hopes for a further bull run in the currency by keeping a gradual pace to its monetary tightening policy.
In late morning trading, the dollar index.DXY, which measures the greenback against a basket of six major rivals, slipped 0.1 percent to 100.25, after earlier falling to a five-week low.
GBP/USD is supported in the range of 1.2325 levels and now trading at 1.2393 levels. HSBC thinks the unemployment rate could edge down to 4.7 per cent, which would be the lowest level since 2005. The Bank of England also stood pat on interest rates at 0.25%. Finally, the JOLTS Job Openings rose to 5.63M, up from 5.54. Sterling traded as high as $1.2399 on Friday.
Innogy shares jumped 7.3% but Engie shares declined 1.2%.
USD/CAD is supported at 1.3274 levels and is trading at 1.3345 levels.
Oil prices slipped as support from a weaker dollar was offset by USA crude inventories near record high levels.
MSCI's all-country world stock index gained 0.7 per cent, and hit an all-time high.
Market participants were looking ahead to reports on US industrial production and consumer sentiment due later in the day. Investors had widely expected the rate increase.
The dollar was steady at 113.32 yen but is on track to post a 1.2 per cent loss for the week.
You want Nexit, Dutch prime minister Rutte tells anti-migrant rival Wilders
He previously said that the "patriotic revolution" would continue to take place, and "the genie will not go back into the bottle". As Dutch newspaper Volkskrant put it: "The prime minister is now expecting a defeat which can be celebrated as a victory".
"Real yields were pumped up ahead of the announcement in expectation of a hawkish hike, instead we got a dovish hike with no change in the forward guidance and that has led to some recovery in gold today", Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen, said. The Australian dollar held steady at $0.7702, within sight of a three-week peak of $0.7720 touched on Wednesday.
NEW YORK, March 16 (Reuters) - A key index of world stocks climbed to record highs while the US dollar sank to a five-week low on Thursday as investors digested the recent USA interest rate increase and indications there would be no pick-up in the pace of monetary tightening.
Earlier in the day, the DAX and CAC rose to their highest levels since mid-2015.
US Treasury yields, which slid after the decision, staged a recovery on Thursday and continued to rise on Friday. Benchmark 10-year Treasuries were last up 6/32 in price to yield 2.502 percent, from a yield of 2.524 percent late Thursday.
Global benchmark Brent added nearly 0.1 per cent to $51.77 a barrel, and was headed for a 0.8 per cent weekly gain. Both benchmarks gained 0.8 percent for the week.
USA 30-year and 10-year Treasury yields, which benefit from low inflation since reduced purchasing power erodes their interest payouts, fell about two basis points after preliminary University of MI data showing low inflation in early March.
The metal built on those gains Thursday with April futures contracts on the Comex market in NY touching a high of $1,234.00 at the open, up 2.8% from yesterday's settlement level.
It slid more than 1 percent the previous day to touch 100.490, its lowest since February 17.