LONDON, Feb 12 (Reuters) – The dollar edged higher on Monday as a holiday in most major Asian markets subdued the start of what could turn into a busy week, with all eyes on U.S. inflation data for clues on when the Federal Reserve may start to cut rates. The euro was down 0.14% $1.0769, edging off a 10-day high touched in early trading after the past week saw a small bounce back following steady declines in 2024. A reading of the euro zone’s economic growth in the fourth quarter on Wednesday could offer fresh direction. The pound dropped 0.1% to $1.2632, though the Japanese yen strengthened a touch to 149.01 per dollar as the approaching release of U.S. CPI…
Published Date: 2024-02-12
Source: Market Screener
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