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Dollar treads water as Fed hike bets pared on benign US inflation

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Dollar treads water as Fed hike bets pared on benign US inflation
Dollar treads water as Fed hike bets pared on benign US inflation
TOKYO, Aug 13 : The dollar's advance stalled on Thursday after an overall benign U.S. inflation reading overnight spurred traders to pare back bets for a near-term Federal Reserve interest rate hike.The greenback was little changed against the yen as of Asia's midday, but remained on course to gain about 1 per cent thi
Reuters
Reuters🏁 first to report4 hrs ago
Asian stocks rise as US inflation data dents September Fed hike bets
Asian stocks rise as US inflation data dents September Fed hike bets  Reuters