Dollar edges down versus euro and yen, tariff-driven inflation in focus

Bogdan Hofbauer

The dollar edged down against the euro and yen on Wednesday after hitting multi-week highs the previous day, as investors awaited producer price data later in the session for clues on potential tariff-driven inflation. Data on Tuesday showed substantial increases in prices of heavily imported items, shoring up the dollar and driving U.S. rates higher. Meanwhile investors priced in 44 bps worth of Fed easing by December, down from 50 bps at the start of the week. "Higher tariff-related goods

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Dollar edges down versus euro and yen, tariff-driven inflation in focus https://www.channelnewsasia.com/ - 16.07.2025 15:29
Dollar drops versus euro and yen, US PPI data in focus https://www.channelnewsasia.com/ - 16.07.2025 11:19

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Dollar edges down versus euro and yen, tariff-driven inflation in focus https://www.channelnewsasia.com/ - 16.07.2025 15:29
Dollar drops versus euro and yen, US PPI data in focus https://www.channelnewsasia.com/ - 16.07.2025 11:19