A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. The dollar index reached a three-week high at 101.38, reversing from a earlier drop to 100.90. REUTERS/Gary Cameron/File PhotoFILE PHOTO - An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. The market seems to be under-pricing an upcoming rate hike," said Omer Eisner, chief market strategist at Commonwealth Foreign Exchange Inc in Washington. [FED/DIARY]In overnight trading, the dollar index slipped after U.S. President Donald Trump's national security adviser Michael Flynn quit in a controversy relating to Russia.
referring to
Dollar index rises as Yellen sees another rate increase
The dollar index reached a three-week high at 101.38, reversing from a earlier drop to 100.90. The market seems to be under-pricing an upcoming rate hike," said Omer Eisner, chief market strategist at Commonwealth Foreign Exchange Inc in Washington. [FED/DIARY]In overnight trading, the dollar index slipped after U.S. President Donald Trump's national security adviser Michael Flynn quit in a controversy relating to Russia. Yellen is scheduled to appear before the House of Representatives Financial Services Committee at 10 a.m. (1500 GMT) on Wednesday. The euro fell 0.3 percent against the greenback at $1.0567 amid political risk and disappointing regional economic data.
A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. The dollar index reached a three-week high at 101.38, reversing from a earlier drop to 100.90. REUTERS/Gary Cameron/File PhotoFILE PHOTO - An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. The market seems to be under-pricing an upcoming rate hike," said Omer Eisner, chief market strategist at Commonwealth Foreign Exchange Inc in Washington. [FED/DIARY]In overnight trading, the dollar index slipped after U.S. President Donald Trump's national security adviser Michael Flynn quit in a controversy relating to Russia.
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