By Ankur Banerjee

SINGAPORE (Reuters) -The U.S. dollar was steady on Thursday, holding its overnight gains, as traders weighed the prospect of a measured Fed easing cycle in the wake of a cautious tone from policymakers while awaiting data that may outline the impact of tariffs.

Traders have priced in 43 basis points of easing in the remaining two policy meetings this year although comments from officials including Federal Reserve Chair Jerome Powell indicate that a lot will depend on the upcoming inflation and labour data.

The lack of clarity and consensus on future easing has meant traders are no longer fully pricing in a cut next month. The U.S. dollar has ground higher since the Fed lowered interest rates last week, as expected.

The euro last bought $1.17425, steady in early Asian

See Full Page