Dollar Steady Amid Anticipation of US Inflation Data
Tokyo, June 10 (QNA) - The US dollar held steady against major currencies Wednesday, amid continued global market volatility and as investors awaited US inflation data for further clues about the future path of interest rates.
The dollar index, which measures the greenback against a basket of currencies including the Japanese yen and the euro, edged down 0.06% to 99.95.
Meanwhile, the euro rose 0.01% to $1.1544, and the British pound gained 0.03% to $1.338.
The Japanese yen also edged up 0.01% to 160.34 against the dollar, continuing to trade near the 160 yen level, which is widely seen as a threshold that could prompt government intervention in the foreign exchange market.
The risk-sensitive Australian dollar fell 0.16% to US $0.717, while the New Zealand dollar slipped 0.05% to US $0.5813. (QNA)
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