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U.S. dollar stable after FED's statement

ArgusFX

U.S. dollar stable after FED's remarks

Today, the U.S. dollar resumes stable following some of the FED members' remarks signaling the probability for further tightening in 2017. The U.S. dollar index traded at 97.39 declining 0.01%.

Dollar and yen at 111

The British currency, the sterling, remained at $1.26, while the greenback fell versus the Japanese yen at 111. The euro stabilized at $1.1100.

Gold higher in EU session

The precious metal, gold, traded higher in the EU trading session but continued being near to its five weeks weakest zone, amid the investors worrying on future FED rate hikes.

Gold futures traded to $1,247.85 a troy ounce rising 0.3% or $4.25, and silver futures to $16.43 a troy ounce appreciating approximately 2.2 cents or 0.1%.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/u.s.-dollar-stable-after-fed-s-statement
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