U.S. dollar mixed after Fed minutes
Xinhua, February 23, 2017 Adjust font size:
The U.S. dollar ended mixed against other major currencies on Wednesday as investors were digesting the newly-released Federal Reserve minutes.
Fed officials expressed their confidence in the economy and viewed next interest rate hike would be "fairly soon", minutes of the Fed's latest monetary policy meeting showed Wednesday.
Fed officials also emphasized the uncertainty surrounding the Trump administration's policies.
Analysts said the overall hawkish minutes raised market expectation for a rate-hike as soon as March, which will continue to support the greenback in the short term.
In late New York trading, the euro rose to 1.0564 dollars from 1.0545 dollars in the previous session, and the British pound fell to 1.2457 dollars from 1.2460 U.S. dollars in the previous session. The Australian dollar climbed to 0.7706 U.S. dollar from 0.7679 U.S. dollar.
The U.S. dollar bought 113.15 Japanese yen, lower than 113.58 yen of the previous session. The U.S. dollar rose to 1.0102 Swiss francs from 1.0091 Swiss francs, and it edged up to 1.3165 Canadian dollars from 1.3153 Canadian dollars. Endit