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Dollar strong but stocks lagging on Wednesday trading

EURUSD News by Newsroom on 08:41 February 15, 2017 EST

The dollar continues strong as we progress through the week while stocks take a break from their relentless spree.

EURUSD continues lower and threats the 1.05 mark after trading just above 1.08 a few days ago. Gold is also getting hammered on Wednesday as it loses close to $10/oz and trades just above $1,215.

Fed's Chair Janet Yellen was hawkish earlier the week hinting that a new interest rate hike may be delivered soon.