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Dollar wary ahead of testimony from Fed’s Yellen

Monday, 23 February 2015


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The dollar was almost flat against the yen and the euro in Asian trade Monday, with investors avoiding taking strong positions ahead of Federal Reserve Chairwoman Janet Yellen’s testimony before Congress later this week.

The dollar USDJPY, +0.19%  was at ¥118.99 from ¥119.07 late Friday in New York.

The euro EURUSD, -0.65%  was at $1.1370 from $1.1378 and was at ¥135.31 from ¥135.50.

The WSJ Dollar Index BUXX, +0.54% a measure of the dollar against a basket of major currencies, was up 0.03% at 85.50.

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