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Dollar Mixed Ahead Of U.S. CPI
(RTTNews) - U.S. CPI for December and weekly jobless claims for the week ended January 7 are due at 8.30 am ET Thursday. Ahead of the data, the greenback traded mixed against its major counterparts. While it held steady against the franc, it fell against the yen and the euro. Against the pound, it rose.
The greenback was worth 130.57 against the yen, 1.0711 against the euro, 1.2157 against the pound and 0.9322 against the franc as of 8:25 am ET.
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Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the late Asian session on Monday.
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U.S. Dollar Falls Against Most Majors
The U.S. dollar weakened against its most major counterparts in the New York session on Friday.
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Pound Slides Against Majors
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