The dollar is stable ahead of the issuance of the minutes of the Federal meeting

2023-07-05 05:58:32

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July 5, 2023

09:58 am

The dollar remained close to the middle of its range of movements during the past three weeks once morest other major currencies, on Wednesday, as dealers’ eyes turn to the issuance of the minutes of the last meeting of the Federal Reserve to derive indications regarding the course of monetary policy.
There was little change in the dollar index, which measures the currency’s performance once morest a basket of six other major currencies, including the euro and the yen, to record 103.02 following moving between 103.75 and 102.75 since early June.
The euro rose 0.1 percent to $1.0886.
The Australian dollar settled at $0.6690, holding on to its 0.32% advance in the previous session.
There was little change in the yuan, which recorded 7.231 per dollar in offshore trading, following rising 0.3 percent on Tuesday.
(Archyde.com)

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