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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Employment data initially reinforced expectations that the Federal Reserve may return to its hawkish monetary policy, which Powell did not support in his remarks.<\/p>\n\n\n\n
Investors are also closely awaiting consumer price inflation data due on Tuesday for clues about the policy outlook.<\/p>\n\n\n\n
The euro rose 0.18% to $1.07325, off a one-month low of $1.067 hit on Tuesday.<\/p>\n\n\n\n
The Japanese yen settled at 131.455 per dollar, while the pound sterling rose 0.1 percent to $1.2087.<\/p>\n","protected":false},"excerpt":{"rendered":"
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 …<\/p>\n","protected":false},"author":9,"featured_media":71180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7087,6842],"class_list":["post-79748","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-jobs","tag-us"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=79748"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79748\/revisions"}],"predecessor-version":[{"id":79749,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79748\/revisions\/79749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71180"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=79748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=79748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=79748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}