Dollar edges lower, pound firm

  • Forex News
Dollar edges lower, pound firm
Credit: © Reuters. - The dollar edged lower Thursday as investors continued to weigh the chances of a third U.S. rate hike this year.
The dollar index was off 0.06% at 97.16 at 02:30 ET after a high of 97.23.
Although some Fed members remain hawkish the market odds of a December hike remain below 50%.
The ( pound ) was steady above $1.26 after touching $1.27 overnight on hawkish comments by Bank of England policy member Andy Haldane.
The yen was higher against the dollar at the 111 mark on safe-haven buying.
The {1|euro}} was steady at the $1.11 level.
The kiwi firmed against the dollar as the New Zealand Reserve Bank kept policy on hold.

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