Dollar gains on yen, falls against euro after CPI data
Adrian Bogdan
NEW YORK :The dollar gained against the Japanese yen but fell against the euro on Tuesday in choppy trading as investors digested U.S. data that showed an increase in consumer prices in June, but not big enough to change expectations on when the Federal Reserve is likely to resume interest rate cuts. Expectations that U.S. President Donald Trump’s tariff policies will increase price pressures are seen keeping the Fed on hold as policymakers wait to see their impact. Fed Chair Jerome Powell has
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