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Plenty of Issues keeping the U.S. Dollar Steady

The dollar held onto modest overnight gains in Asia on Friday but was on track to end the week flat, hampered by the threat of a historic U.S. debt default hanging in the air and lack of clarity over when the Federal Reserve will scale back stimulus.

The dollar index last traded at 80.541, having risen 0.3 percent on Thursday thanks in part to a report showing fewer Americans filed new claims for jobless benefits last week.

The data also helped Wall Street snap a five-day losing streak and drove U.S. Treasury yields a touch higher.

CNBC [1]

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