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Dollar flat, set for weekly losses after Fed minutes

Published 02/24/2017, 03:34 AM
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Investing.com - The dollar was flat Friday and looked poised to post losses for the week after the latest Fed meeting minutes.
The dollar index was off 0.10% at 100.85 at 03:15 ET. The euro edged higher to just below $1.06.
The FOMC February minutes were more dovish than many in the market had expected.
The market is waiting for further details on the Trump administration's plans for tax reform.
U.S. Treasury Secretary Steven Mnuchin said Thursday he wanted major reforms passed by Congress by August.
Investors are looking to consumer sentiment and new home sales data due later in the session.
The dollar recovered some ground against the yen. It was up 0.04% at 112.66 yen after hitting two-week lows overnight.

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