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Dollar subdued as markets await US inflation data for Fed clues

Economic Times 12 August 2026 at 03:58 am 1 min read 8 views Read Original
Dollar subdued as markets await US inflation data for Fed clues

As Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from the United States to gauge interest rate shifts. In response to assaults on shipping routes, oil prices experienced a modest rise. Meanwhile, the yen lingered near its monthly lows despite collaborative intervention. Cryptocurrency faced slight downturns during early trading sessions.

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