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  • 1 year ago
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.
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