Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data
Category:Cross-Border
Updated:2023-02-14
"This morning's inflation data wasn't as bad as some had feared - so we did see a bit of a relief rally in risk-sensitive currencies after the print - but it also wasn't sufficient to reverse expectations for further tightening in the months ahead," said Karl Schamotta, chief market strategist at Corpay in Toronto.
Read the Reuters article here.
Cross-Border
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