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Market Extra: Dollar gauge poised to finish week little changed, with currency traders unfazed by Federal Reserve’s hawkish pivot

Market Extra: Dollar gauge poised to finish week little changed, with currency traders unfazed by Federal Reserve's hawkish pivot

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The U.S. dollar index is poised to end the week practically unchanged, despite the release of Federal Reserve minutes showing a hawkish pivot away from easy policy, which led to stock-market selloffs and greater expectations for aggressive tightening in the months to come. The index DXY, -0.62% , which has traded within a relatively narrow range throughout the first week of the new year, hovered around 95.7 on Friday — a touch below where it was on Monday.

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