The dollar rebounded after the meeting of the US Central Bank





Views 0 Date 06/07/2017

Economy News _ Baghdad

The Dollar's rally was halted Thursday as the Federal Reserve minutes did not provide a clear picture of the future rate hike.

The meeting, which took place on June 13 and 14, said on Wednesday that the divide was growing among policymakers in the Federal Reserve over inflation expectations and how they would affect the pace of interest rate increases.

The dollar steadied against the yen at 113.32 yen in early trading after climbing more than 1 percent this week.

It traded against the euro at $ 1.1349.

A stronger-than-expected job data in US non-farm sectors, which announced on Friday that the dollar might gain some support near current levels.



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