Dollar Steady Before CPI Release, Aussie Nears Four-Month Low

Reported 1 day ago

The dollar remains close to a two-week high against the yen as markets await U.S. inflation data that may influence Federal Reserve interest rate cuts. The Australian dollar has fallen to near a four-month low following a dovish outlook from the Reserve Bank of Australia, affecting New Zealand's kiwi as well. Investors are also paying attention to ongoing developments from China's Central Economic Work Conference and expect significant central bank decisions later this week.

Source: YAHOO

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