Currency Market Update: Yen Hits 4-Week Low, Euro Dips After German Inflation Data – Dollar Steady Ahead of Inflation Data
Key Takeaways: 💴 Yen weakened against the dollar due to rising U.S. yields 📉 Euro softened after German inflation data 📈 U.S. Treasury yields increased, reaching their highest level in four weeks at 4.57% 💹 Dollar was up 0.09% on the offshore yuan at 7.270 🛍️ Australian dollar remained flat despite positive inflation data from … Read more