"The US economy has faced headwind after headwind," San Francisco Federal Reserve Bank President Mary Daly noted but said that it was in a good place to weather storms right now.
"The average inflation targeting over a long period makes sense, not talking about much above 2%."
"Right now the natural rate of unemployment lower than we thought coming into expansion."
"Businesses more optimistic than the end of last year that economy in a better place."
These comments were largely ignored by the market participants and the US Dollar Index was last up 0.1% on the day at 98.84.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.