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Dollar steady as NKorea missile test noted

Published 2017-05-29, 03:17 a/m
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Investing.com - The dollar was steady Monday as the market took another missile test by North Korea in its stride.
The dollar index was up 0.01% at 97.34 at 02:45 ET.
Trading is expected to be on the thin side due to holidays in the U.S. and the U.K.
Fed member John Williams said Monday the medium-term outlook for U.S. inflation is "pretty favorable."
The markets odds of a June Fed rate hike currently stand at close to 80%.
Investors will be looking to U.S. nonfarm payroll figures due out on Friday.
U.S. first-quarter GDP was revised upward on Friday.
The dollar edged lower against the yen after the North Korea missile test.
The pound steadied against the dollar as the latest polls showed the Tories' lead in the run-up to the June 8 election narrowing further.
The euro dipped to the $1.117 mark. ECB chief Mario Draghi due to speak later Monday.

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