Dollar holds gains in thin trading as markets await Fed minutes, US GDP

Dollar holds gains in thin trading as markets await Fed minutes, US GDP

TOKYO, Feb 17 : The dollar held gains on Tuesday as markets awaited signals, expected later this week, about the potential timing of rate cuts by the Federal Reserve.The yen trimmed losses from a day earlier when worse-than-expected Japanese economic data stirred expectations that the government would ramp up

US Dollar Index holds gains above 97.00 as traders eye FOMC Minutes

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains stronger for the second consecutive day, trading around 97.20 during the European hours on Tuesday.