Hurricane forecasters are monitoring multiple systems in the Atlantic Ocean on Aug. 4, including one which developed into a tropical storm overnight and is expected to move away from the United States.

A low pressure system, dubbed as AL95, developed into Tropical Storm Dexter over the western Atlantic late on Aug. 3, the hurricane center said. Dexter is releasing maximum sustained winds near 45 mph and the tropical storm force winds extend outward up to 115 miles from its center.

The storm is forecast to move away from the U.S. coast and stay north of Bermuda. There are no coastal watches or warnings in effect and no hazards to land are expected.

The system formed along a frontal boundary about 150 miles off the coast of North Carolina on Aug. 2.

As of 5 a.m. ET on Aug. 4, the storm was located a few hundred miles northwest of Bermuda and appeared to be moving away from the U.S., according to the hurricane center. The storm is moving about 12 mph and is expected to pick up speed before it starts slowing down on Aug. 5 and 6.