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Dollar pressured by Trump Jr. emails, focus on Yellen testimony

Reuters  |  TOKYO 

By Lisa TwaroniteTOKYO (Reuters) - The dollar wobbled in early Asian trading on Wednesday as investors, already wary ahead Federal Reserve Chair Janet Yellen's testimony, digested emails released by President Donald Trump's eldest son suggesting he welcomed Russia's help in last year's election campaign.Yellen will give her semi-annual monetary policy testimony before Congress later on Wednesday and on Thursday, and investors will be parsing it for or clues on when the Fed will start reducing its massive balance sheet.The dollar index, which measures the U.S. currency against a basket of six ...

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First Published: Wed, July 12 2017. 06:28 IST
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