We Provide the Best Dollar Tips/ News| Dollar News Posted By https://www.mcxtradingworld.com/. First Earn Profit Then Join Service. Keep In Touch:-9760916659,8979570233
The dollar mostly held its ground on Wednesday in spite of downward pressure from lower bond yields and higher stocks, as traders waited on this week’s U.S. consumer price data to see whether it will confirm that inflation is in retreat.
The Australian dollar wobbled its way about 0.4%higher to $0.6918 after data showed the annual pace of inflation increased to 7.3% in November, leaving room for more rate hikes. The New Zealand dollar also crept up 0.1% to $0.6378. [AUD/]
The U.S. dollar was steady elsewhere, loitering at $1.0743 per euro, just above a five-month low, in the lead-up to U.S. inflation data due on Thursday.
