Top

Dollar inches higher ahead of U.S. inflation data for January

February 13, 2019

Category:

The U.S. dollar resumed a climb against many of its rivals early Wednesday after a brief period of jerky trading, as market participants digested reports surrounding Brexit, as well as updates from global central banks and myriad economic data, including a key inflation report in the U.S.

The popular ICE U.S. Dollar Index DXY, +0.29% had been inching higher before a sudden and short-lived pop in the British pound briefly pushed the gauge lower. The index since recovered and was last up 0.1% at 96.770.

Read More on Market Watch