Dollar Drops Following U.S. CPI
(RTTNews) - Following the release of U.S. CPI for February at 8.30 am ET Tuesday, the greenback fell against its major counterparts.
The greenback was trading at 134.04 against the yen, 1.0721 against the euro, 1.2167 against the pound and 0.9123 against the franc around 8:32 am ET.
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U.S. Dollar Weakens Amid Falling Yields
The U.S. dollar declined against its major counterparts in the New York session on Tuesday, as treasury yields fell and recent economic data suggested a slowdown in growth.
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Yen Rises On BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the European session on Tuesday amid rising speculation that the Bank of Japan (BoJ) will hike interest rates further.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
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Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Monday.
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Pound Drops Against Most Majors
The pound fell against its most major counterparts in the New York session on Monday.
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The U.S. dollar weakened against other major currencies in the Asian session on Monday, as the disappointing U.S. economic data kept the prospect of interest rate cuts by the Federal Reserve (Fed) intact this year.
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U.S. Dollar Higher Amid Risk Aversion
The U.S. dollar advanced against its major counterparts in the New York session on Friday amid risk aversion, as U.S. stocks pulled back after weak consumer sentiment data.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Friday.
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