Dollar firms ahead of key inflation test

Transcript

00:00The U.S. dollar gained support from higher treasury yields after strong domestic jobs data,

00:05reducing bets for Fed rate cuts. The Bank of Japan's upcoming policy meeting may reduce bond

00:10purchases, but yield differentials keep the yen weak. The dollar reached its highest against the

00:16yen since June 3. The euro remained flat after dropping due to far-right gains in European

00:22parliament elections. The U.S. dollar, on the other hand, the index was stable, with economists

00:27expecting U.S. consumer price inflation to ease. No policy changes are expected

00:32from the Fed's meeting, but economic and interest rate projections will be updated.