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U.S. Dollar Ticks Higher As Investors Assess Reports Of Possible U.S.-Iran Agreement
['Afx News']
FinanzNachrichten.de: News
Today, the U.S. Dollar Index DXY which measures the Greenback against a basket of other major currencies was last seen trading at 99.83, up by 0.06 (or 0.06%).
While against the Euro, the USD was trading at 1.154, up by 0.01%, against the GBP, the USD was trading at 1.350, up by 0.02%.
Against one unit of Australian Dollar, the USD was trading at 0.706, down by 0.10%.
Meanwhile, the Interior Minister of Pakistan Syed Mohsin Raza Naqvi is in Iran for talks as a part of Pakistan's mediatory efforts.
Strategists are of the view that the Fed may lean to holding the rates steady despite inflation hovering above the 2% range.