Currency Watch: Dollar Rises, Eyes Set on Upcoming U.S. Inflation Insights The dollar saw a slight increase as many Asian markets were closed for a holiday, setting the stage for a potentially eventful week focused on U.S. inflation data. This data is crucial because it could hint at when the Federal Reserve might begin reducing interest rates. The euro fell slightly, while the pound also dropped. In contrast, the Japanese yen gained a bit of strength. The financial world is closely watching changes in central banks’ interest rate plans, especially with recent strong job data suggesting the Fed might not cut rates until possibly May. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts S&P 500 Hits 20th Record This Year in Risk-On Push: Markets Wrap READ MORE Middle East Tensions Propel Gold and Silver Prices READ MORE What Does the Red Sea Disruption Mean for Europe's Economy? READ MORE Credit Markets Show Unwavering Strength Amid Rising US Inflation Concerns READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment