FOREX-Dollar index briefly pares gains after June Fed minutes quoting : "Nasdaq Stock Market"

[nL3N1JV4ME] The Canadian dollar and other commodity-sensitive currencies pared losses following the Fed minutes. Oil prices slid nearly 4 percent, [O/R] hitting commodity-sensitive currencies before the Fed minutes. The June minutes showed several Fed officials expressed concerns about the downshift in inflation data even as most agreed to raised rates by a quarter point last month. Sliding energy costs have helped prevent inflation from reaching Fed's 2 percent goal, and also stoked bets for the dollar to fall. The dollar index <.DXY> was flat at 96.237 after touching a one-week high.


according to

CLOSE X Edit Favorites Enter up to 25 symbols separated by commas or spaces in the text box below. This will now be your default target page; unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? These symbols will be available during your session for use on applicable pages. If, at any time, you are interested in reverting to our default settings, please select Default Setting above.If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com CLOSE X Please confirm your selection: You have selected to change your default setting for the Quote Search.


collected by :John Miller

read more visit us forex