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Source:
Sharjah24
Dollar enters resting phase ahead of inflation data, putting pressure on the yen
The dollar steadied ahead of the release of U.S. inflation data, amid anticipation of price figures and international tensions that have impacted oil prices. The dollar index reached 101.27, while the yen fell to its lowest level in 40 years at 162.40 yen per dollar. Oil prices surged by more than 9%, while the euro and the British pound remained stable against the dollar. Markets Ahead of the U.S. Federal Reserve's interest rate decisions.
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