Dollar Remains Steady, Pound Edges Up With Interest Expectations – 12 February, 2018

The Dollar is steady against a basket of six major currencies, DXY=USD stood at 90.142 after having fallen 0.26 percent. The Pound edged up slightly to $1.3764 with the expectations that BOE will raise interest rates to curb inflation. The Euro came up from last weeks low of $1.2206 to $1.2298. The Yen was trading at 108.70 after hitting a five month low on Friday at 108.05