Dollar Fluctuates in Asian Trading as Markets Weigh Fed Comments

Dollar Fluctuates in Asian Trading as Markets Weigh Fed CommentsSingapore, 23 Sep (ONA) — The US dollar today faced continued pressure in Asian trading as investors assessed remarks from Federal Reserve officials for clues on the path of interest rates. The greenback fluctuated between gains and losses, last trading flat after snapping a three-day winning streak on Monday, with the US dollar index last at 97.326. Against the yen, the dollar was flat at 147.775 yen. The kiwi weakened 0.3% to $0.5848. The euro stood at $1.1798 , little changed on the day. Sterling fluctuated between gains and losses, last trading flat at $1.35075 . The dollar sank 4.5% against Argentina’s peso after US. The Indian rupee weakened to an all-time record of 88.62 against the US. The Australian dollar fetched $0.6584 , weakening 0.2% after hitting a two-week low on Monday. Meanwhile, the yield on benchmark 10-year Treasury notes extended its climb to 4.1467%.— Ends/Khalid