🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Dollar index slips below 100 after Fed speak

Published 21/03/2017, 07:45
EUR/USD
-
GBP/USD
-
DX
-

Investing.com - The dollar slipped Tuesday as Fed members signaled a slower pace of tightening than the market had been expecting.
The dollar index was off 0.22% at 99.94 at 03:30 ET after a high of 100.18.
Fed member Charles Evans indicated he would be comfortable with a total of three hikes this year if the U.S. economy remains on track.
Fed member Neel Kashkari warned against rushing to raise rates.
Kashkari was the sole dissenter in the FOMC's decision last week to raise its target range to 0.75%-1.0%.
More Fed members are due to speak later Tuesday. Chair Janet Yellen speaks Thursday.
The euro was firm above $1.07 after the French presidential elections debate on Monday.
Centrist Emmanuel Macron emerged with his status as the front-runner intact.
The pound steadied as Britain set to trigger Article 50 to leave the EU on March 29.
U.K. inflation data are due for release later in the session.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.