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Dollar languishes near multi-month lows

Published 07/06/2017, 08:33
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Investing.com - The dollar Wednesday was entrenched near multi-month lows ahead of potentially game-changing events on Thursday.
The dollar index edged up 0.03% to 96.53 at 02:45 ET after falling to its lowest level since November 9.
The dollar steadied against the safe-haven yen to trade off 0.05% at 109.35 near six-week lows.
Former FBI chief James Comey is due to testify before the Senate on Thursday.
Comey was investing alleged links between Trump's camp and Russia ahead of the U.S. presidential election.
There are fears Comey's testimony could stymie the Trump administration's pro-growth agenda.
The (pound) held above $1.29 ahead of the U.K. general election on Thursday.
Mixed polls indicated the outcome of the election remains up in the air.
The (euro) was mostly steady above $1.12 with the ECB seen standing pat on policy at Thursday's meeting.
The focus will be on Mario Draghi's news conference for any signs of a less dovish stance on policy
The (Aussie) firmed against the dollar as Australian first-quarter GDP grew 0.3%, beating an estimate of 0.2%.

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