US dollar holds above two-week lows

US dollar rose in European trade above two-week lows hit yesterday ahead of the Federal Reserve's meeting minutes. 

The dollar index rose 0.15% to 96.47, with an intraday low at 96.26. 

The index lost 0.3% yesterday, the fourth loss in a row, marking two-week lows at 96.24. 

The dollar index tumbled yesterday after 10-year US treasury yields hit 11-day lows. 

Now investors await the Federal Reserve's meeting minutes for the January 29-30 meeting, at which policymakers voted to hold rates unchanged below 2.50%. 

Former Federal Reserve Chair Janet Yellen surprised the markets by saying the next move by the Fed will probably a rate hike as the global economy slows down and weighs on the US.