Asian session – Dollar retreats ahead of Trump press conference
Posted on January 10, 2017 at 8:04 am GMTThe US dollar posted some modest losses during Tuesday’s Asian trading despite relatively hawkish remarks from Federal Reserve officials the previous day. Dollar / yen was below 116 at 115.72 while the euro was trying to climb above the 1.06 level at 1.0598. The euro had climbed as high as 1.0627 earlier in the session. Boston Fed’s Eric Rosengren called for a faster pace of interest rate hikes compared to the one-a-year pace of the previous two years while Dennis [..]