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U.S. Dollar Flat After Trump Whistleblower Report

Investing.com - The U.S. dollar was flat on Thursday, as investors remained on edge over recent developments related to an impeachment inquiry into U.S. President Donald Trump.

A House committee released a whistleblower report that alleges Trump tried to get Ukraine to investigate the son of former VP Joe Biden, who is one of the top candidates for the 2020 presidential election. The report claims that the White House had tried to lock down a transcript of the call between Trump and the Ukrainian President, which was released Wednesday.

The U.S. House of Representative had started the impeachment inquiry earlier this week over the allegations.

The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was flat at 98.688 as of 11:18 AM ET (15:18 GMT).

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The Japanese yen, which is seen as a safe-haven in times of market turmoil, rose, with USD/JPY falling 0.1% to 107.65.

The pound gained 0.1% to 1.2355, while EUR/USD declined 0.1% to 1.0934, after falling to a 2019 low of 1.0923 earlier in the day.

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