Urgent: U.S. dollar falls on Fed rate hike outlook

The U.S. dollar dropped against most major currencies Thursday as Federal Reserve signaled that it was on track to raise the interest rate this year. In late New York trading, the euro moved up to 1.1368 dollars from 1.1333 dollars in the previous session. The dollar bought 123. 05 Japanese yen, lower than 123.38 yen of the previous session. Endite