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Yen, dollar steady amid geopolitical concerns ahead of Fed minutes

Published 07/05/2017, 03:14 AM
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Investing.com - The yen and the dollar were mostly steady Wednesday amid ongoing geopolitical concerns after the latest North Korean missile test.
The market is looking to the minutes of the latest FOMC meeting to gauge the likelihood of a further U.S. rate hike this year.
The dollar index was off 0.10% at 95.89 at 02:45 ET.
The yen was little changed against the dollar above the 113 mark after safe-haven buying of the unit overnight.
The euro edged higher but remained below $1.14 ahead of euro-zone services PMIs.
The (pound) was little changed as a Bank of England monetary policy member argued the case for the removal of some stimulus support.
MPC member Michael Saunders said the U.K. economy has held up better than expected in the wake of the Brexit vote.

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