US Dollar Eases After Slightly Hotter Inflation, Jobless Claims Uptick

US dollar eases after slightly hotter inflation, jobless claims uptick

NEW YORK : The U.S. dollar slipped on Thursday after modestly hotter August inflation data and weaker-than-expected initial jobless claims reinforced the view that the Federal Reserve will resume cutting interest rates next week.In morning trading, the dollar was last slightly down against the yen at 147.

Dollar steady as inflation data and central banks take focus

The dollar stabilized in early Asian trading hours Thursday after a drop in U.S. factory-gate prices bolstered expectations the Fed will cut rates next week.

Dollar steady as inflation data and central banks take focus - Regional Media News

By Gregor Stuart Hunter SINGAPORE (Reuters) -The dollar stabilised in early Asian trading hours on Thursday after an unexpected drop in U.S. factory-gate prices bolstered expectations the Federal Reserve will cut rates next week and traders awaited U.S. consumer price data due later in the day. The dollar index nudged upwards to 97.822, rising for a third consecutive day after the Producer Price Index for final demand fell 0.1% during August, th…

Dollar steady ahead of CPI after soft PPI points to easing inflation - London Business News

The US dollar was relatively stable on Thursday and remained near recent lows as investors awaited consumer price data that could set the tone for the Federal Reserve’s next meeting.… The post Dollar steady ahead of CPI after soft PPI points to easing inflation appeared first on London Business News

US dollar steady as inflation data and central banks take focus

SINGAPORE: The dollar stabilised in early Asian trading hours on Thursday after an unexpected drop in US factory-gate prices bolstered expectations …

US Dollar Index holds steady below 98.00 ahead of US CPI data

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note around 97.85 during the Asian session on Thursday. Traders brace for the US Consumer Price Index (CPI) for August later on Thursday for fresh impetus.