Dollar steadies after positive US data

The US dollar held steadily against most of its peers on Wednesday, after the release of positive US economic data.

The first election debate between the current US presidential candidates took place yesterday, and had managed to attract the global market focus.

The debate resulted in harsh criticism exchange between the Republican candidate Donald Trump and his Democratic rival Joe Biden.

Data showed today that the final reading of the US GDP decreased 31.4% in the second quarter, better than forecasts of -31.7%.

Additionally, ADP data showed the US non-farm employment change rose 749,000 jobs during August, beating forecasts of 650,000 jobs, vs. 481,000 in the previous reading.

The dollar index held against a basket of currencies at 93.9 points as of 20:17 GMT, after hitting a high of 94.1 and a low of 93.6.