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Dollar Mixed Ahead Of U.S. CPI
(RTTNews) - At 8.30 am ET Wednesday, U.S. CPI for March is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it rose against the pound, it held steady against the rest of major rivals.
The greenback was worth 133.79 against the yen, 1.0924 against the euro, 1.2403 against the pound and 0.9018 against the franc as of 8:25 am ET.
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Pound Rises On Upbeat U.K. GDP Data
The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.
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Pound Rises Against Most Majors
The British pound strengthened against most major currencies in the European session on Thursday.
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Yen Rises Amid BoJ Rate Hike Expectation
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as the Bank of Japan (BoJ) raised its inflation outlook in July and kept the door open for an imminent interest rate hike by the end of current year.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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Swiss Franc Retreats Against Majors
The Swiss franc retreated against its major counterparts in the New York session on Wednesday.
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U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation
The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
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