There was little change in the dollar, but it hovered near the lowest level in two weeks on Thursday, October 12, after the minutes of the last meeting of the US Federal Reserve revealed that policymakers are taking a cautious stance, at a time when investors are awaiting key data on inflation in the United States.

The dollar index, which measures the performance of the US currency against six competing currencies, settled at 105.64, remaining near 105.55, its lowest level since September 25, which it touched yesterday, Wednesday.

According to the minutes of the US Federal Reserve meeting held on September 19 and 20 and released yesterday, Wednesday, US central bank officials pointed to the uncertainty surrounding the economy, oil prices and financial markets as supporting the perception of moving forward with caution in determining the appropriate extent to tighten monetary policy again.

US Federal Reserve officials indicated in their latest statements that the rise in bond yields is a factor that may allow them to end the cycle of raising interest rates.

US CPI data for September is scheduled to be released later Thursday, which is expected to show inflation last month at a moderate level.

The yield on ten-year Treasury bonds fell 2.4 basis points to 4.573%. It reached its highest level since 2007 last week at 4.887%.

The euro rose 0.08% to $1.0628 after touching the highest level in more than two weeks yesterday, Wednesday.

The yen generally stabilized at 149.16 against the dollar, while the pound sterling recorded $1.2317 in the latest transactions.

The Australian dollar rose 0.09% to $0.6419, while the New Zealand dollar fell 0.09% to $0.6014.