Britain’s Inflation Hits 5-Year High of 3%

On Tuesday, the Greenback hit new highs vs. a basket of major currencies, backed by a rise in Treasury yields following a report that U.S. President Donald Trump was supporting a policy hawk as the next head of the Federal Reserve.

Dollar Awaits the U.S. Inflation Data

On Friday, the Greenback touched its biggest weekly drop in more than a month vs. a basket of major currencies, erasing gains posted after the previous session's upbeat U.S. data, as traders remained cautious ahead of U.S. inflation data, which will be released later on today.

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