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Dollar firm ahead of Powell testimony, sterling falls after inflation data

Dollar firm ahead of Powell testimony, sterling falls after inflation data
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Yen drops to new 15-year low vs euro after BOJ rate decision

By Joice Alves and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) - The yen plunged to a fresh 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept ultra-low interest rates and forecast that inflation will slow later this year, in contrast with the European Central Bank's (ECB) rate hike on Thursday. The Japanese currency also fell against the dollar, dropping to a

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Dollar sinks as US inflation data affirms Fed pause view

NEW YORK : The dollar fell on Tuesday after data showed the smallest annual increase in inflation in more than two years, cementing expectations that the Federal Reserve will announce a pause in interest rate hikes at the end of its two-day meeting on Wednesday.The dollar index slid 0.4 per cent to 103.15

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Dollar falls to three-week low as US inflation data backs Fed pause view

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation in

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Dollar skids to three-week low as US inflation data reinforces Fed pause view

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation

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