Stability of US dollar with evaluation of statements of Fed officials

On Thursday, the dollar hovered near the average prices it recorded during the last period against the major currencies, while investors evaluated the comments issued by a number of Federal Reserve officials, as well as anticipating the consumer price inflation data scheduled to be published next week.

The dollar index, which measures the performance of the US currency against six other currencies, fell 0.13 percent to 103.32, away from the highest level in a month at 103.96, which it touched on Tuesday, after a series of gains after a report showed on Friday that the labor market was stronger than expected.

Employment data initially reinforced expectations that the Federal Reserve may return to its hawkish monetary policy, which Powell did not support in his remarks.

Investors are also closely awaiting consumer price inflation data due on Tuesday for clues about the policy outlook.

The euro rose 0.18% to $1.07325, off a one-month low of $1.067 hit on Tuesday.

The Japanese yen settled at 131.455 per dollar, while the pound sterling rose 0.1 percent to $1.2087.