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The euro fell below $1.16 ahead of the European Central Bank meeting on Thursday, as investors awaited officials’ views on inflation and an expected pushback against rising interest rate expectations. The Australian
In early European trade Wednesday, the dollar slipped lower in quiet trading ahead of next week’s Federal Reserve meeting. At the same time, the United Kingdom’s budget puts sterling in
The Australian dollar skyrocketed on Wednesday thanks to surprisingly strong inflation data. The latter increased the possibility of sooner-than-planned rate hikes. Meanwhile, the Japanese yen remained firm. Investors expect Japan’s
The dollar rose higher on Tuesday, recovering from a one-month low. At the same time, gains were modest ahead of the publication of important economic data and the Federal Reserve
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