Reported about 7 hours ago
The dollar experienced a slight pullback as traders awaited U.S. inflation data and developments related to tariffs. Despite a recent tariff-driven rally, the dollar was trading weaker against the euro and modestly higher against the yen. Analysts suggest that the impact of tariffs on inflation remains uncertain, which leaves the market cautious. The upcoming U.S. inflation report may influence expectations for future interest rate cuts by the Federal Reserve, with potential surprises looming.
Source: YAHOO