Dollar steady as pound remains under pressure

Dollar steady as pound remains under pressure

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Image result for Dollar steady as pound remains under pressureInvesting.com – The dollar was steady Wednesday as hawkish remarks by some Fed members signaled the possibility of further U.S. tightening this year.
The dollar index was off 0.01% at 97.39 at 02:45 ET.
Fed member William Dudley said Monday halting tightening could be negative for the U.S. economy.
However, the market odds of a further rate hike this year remain low.
The (pound) remained under pressure at the $1.26 mark as Bank of England governor Mark Carney doused speculation of a U.K. rate hike.
The dollar eased against the yen, trading at the 111 mark on some safe-haven buying of the Japanese unit.
The euro was steady at the $1.11 mark.
[“Source-ndtv”]