The US dollar rose across the board versus major pairs on Thursday. Global growth concerns rose as central banks keep the dovish rhetoric on hand and recession indicators are making investors seek safe havens.

US GDP for the fourth quarter of 2018 was lower than expected at 2.2 percent. The U.S. Federal Reserve has taken off the table, via dot-plot, the possibility of a rate hike this year, but now probabilities of a rate cut are rising. The Fed was net dove at the end of the FOMC meeting with the only hawkish comments to praise the solid US economy. The data is not backing up that optimism which could mean a return to stimulus via lower rates.