Dollar Retreats Following U.S. CPI

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Dollar Retreats Following U.S. CPI

(RTTNews) - U.S. CPI for December and weekly jobless claims for the week ended January 7 have been released at 8.30 am ET Thursday. After the data, the greenback eased against its major counterparts.

The greenback was trading at 129.86 against the yen, 1.0808 against the euro, 1.2190 against the pound and 0.9310 against the franc around 8:32 am ET.

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Yen Rises Amid Risk-off Mood

Yen Rises Amid Risk-off Mood

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Pound Drops On Tariff Concerns

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The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
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