But Bostic stressed that this was not a statement as to whether the Fed should continue to raise short-term interest rates. It had been as high as 93.29 on Tuesday, the highest since August 31.
Bloomberg's dollar index, which had jumped the most since January in early trading, retreated but remained positive as the Fed chair said raising interest rates gradually is the appropriate policy stance considering the uncertainty surrounding inflation.
In a Treasury auction which closed Tuesday afternoon, USD26 billion in two-year notes auctioned at 1.462 percent, with 45.6 percent at high yield and a bid-to-cover of 2.88.
Her comments were deemed hawkish and lifted the probability of a rate rise in December from 73 per cent to 83 per cent shortly before she spoke, according to CME Group's Fedwatch tool. Several other senior Fed officials are scheduled to speak on Wednesday.
The country's central bank is expected to stand pat when it decides interest rates on Thursday. "But if he (US President Donald Trump) just waffles without any substance, the market is looking for any reason right now to take risk off the table".
Wichita murder up, but rape and robberies down — Federal Bureau of Investigation report
In 2016, an estimated 1.6 million arrests were made for drug abuse violations, the most for any measured type of crime . About 7.9 million property crimes were reported to the UCR, with losses (excluding arson) of about $15.6 billion.
"This sort of easy fiscal policy is why the markets are reacting the way they have".
Anticipation of the long-awaited plan helped lift shares in Asia, although gains faded as the day went on.
-The Bloomberg Dollar Spot index gained 0.3 percent to the highest since August.
But he said inflation, running at 1.4 percent by the Fed's preferred gauge, is too low, and voiced concerns that low inflation expectations will keep it from rising toward the Fed's 2-percent inflation goal.
India's Sensex was declining 0.9 percent and benchmark indexes in Indonesia and Malaysia were down around 0.1 percent, while Singapore's Straits Times index was rising 0.9 percent and the Taiwan Weighted rose 0.7 percent.
Saquon Barkley turned in an eye-catching performance in win over Iowa
After the game, Iowa coach Kirk Ferentz's reaction was disappointment with a soul-wrenching loss mixed with pride over the fight. The Hawkeyes recently lost 0-3 to Loyola University Chicago, and they open up Big Ten play against Penn State on September 22.
The euro was at $1.1748 from $1.1783. Overnight, the MSCI Asia Pacific ex-Japan Index was little changed, while Japanese stocks fell as more than 1,000 companies traded ex-dividend, pushing the Topix index 0.5 percent lower.
The Dow Jones industrial average, which rose as much as 73 points during the day, lost 11.77 points, nearly 0.1 percent, to 22,284.32 as McDonald's fell and Chevron went into a late slide.
In the other precious metals, the spot silver price rose $0.048 to $16.835-16.88 per oz.
Oil futures finished lower on Tuesday, 26 September 2017 on expectations US data will show a fourth consecutive weekly rise in domestic crude inventories.
Senate's bad medicine gets worse with new health care bill
Bernie Sanders, I-Vermont, based his campaign for the Democratic presidential nomination a year ago on a single-payer system. My priorities remain on rescuing American families from the collapse of Obamacare and reviving the free market.
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