The Fed Governor Lisa Cook crossed the wires on Wednesday and said she is committed to returning inflation to the Fed’s 2% goal while preserving the strength of the labour market.

She added that “inflation has been too long,” in a conference in North Caroline. Cook’s remarks came after the headline and core PCE figures for August were reported unchanged from the previous month.

Cook’s comments barely moved the needle regarding expectations of interest rate hikes by the Fed. After the bulk of US data was released earlier, money markets see nearly a 62% chance that the US central bank will keep rates on hold, while there’s a 38% chance of a 25-basis-point increase, according to Prime Terminal

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

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