The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes.
Details of the discussion from the central bank’s December policy meeting, released on Wednesday, showed policymakers remain focused on curbing inflation and do not envisage interest rate cuts in 2023.
Analysts said the minutes were broadly in line with expectations, explaining the relatively muted reaction in markets.
The euro was last up 0.13% against the dollar at $1.062. It rose 0.54% on Wednesday after French inflation came in lower than expected, boosting optimism about the euro zone economy.
The dollar index , which measures the currency against major peers, was last flat at 104.2 on Thursday, after rising earlier in the session.
It was well below September’s 20-year high of 114.78, but above the six-month low of 103.38 touched in late December.
This report’s information was first seen on REUTERS; to read more, click this link.
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