FOREX-Dollar slides in thin Black Friday trading on bets rates have peaked

SINGAPORE/LONDON, Nov 24 (Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher after Japan’s core consumer price growth picked up, reinforcing views that the Bank of Japan (BOJ) may soon roll back monetary stimulus. With U.S. markets closed on Thursday for the Thanksgiving holiday and due for a shorter Black Friday trading session, currencies are likely to trade narrowly but with some volatility as liquidity is expected to remain thin. The dollar index, which measures the U.S. currency with six peers, eased 0.077% to 103.69, staying close to the two-and-a-half month low of 103.17 it touched earlier this week. The index is down 2.8% for the month, on course…

Source: Yahoo Sports
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