Dollar Trades Steady as 2026 Trading Gets Under Way
The dollar trades steady against a basket of currencies and against the euro in quiet trade after the New Year holiday.
There is little in the way of economic data due Friday and many traders will still be away from their desks until next week. Last week's U.S. Federal Reserve meeting minutes showed that some policymakers were reluctant to support further interest-rate cuts in the near term.
Still, the minutes continued to highlight risks to the labor market. The DXY dollar index is steady at 98.337 while the euro is little changed at $1.1737.
Source: Marketwatch.com