The dollar dipped for a second day as easing inflation and falling oil prices tempered expectations for Federal Reserve rate hikes. Despite this pullback, the greenback remains strong for the week and month. Meanwhile, the yen hovers near a critical level, raising intervention concerns. Analysts suggest a cautious approach to the dollar against the yen ahead of key U.S. jobs data.
The dollar experienced a second consecutive daily decline, influenced by easing inflation and falling oil prices which tempered expectations for Federal Reserve rate hikes. Despite this short-term dip, the greenback is poised for overall gains this week and month. Meanwhile, the…
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