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Dollar steady before US inflation report, US-China tariff deadline

GLOBAL BUSINESS AND FINANCE MAGAZINE
August 18, 2025
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The euro was up less than 0.1% at $1.1652, while sterling was flat at $1.3462. The U.S. dollar was little changed on Monday before Tuesday’s deadline for Washington and Beijing to strike a tariff deal and a key U.S. inflation report that could help determine whether the Federal Reserve lowers borrowing costs next month. The […]

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Strong Japan GDP lifts yen, dollar steady as rate cut fervour cools slightly

GLOBAL BUSINESS AND FINANCE MAGAZINE
August 18, 2025
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Dollar on course to end week flat against EUR; lower against JPY, GBP The dollar was largely steady against the euro and British pound on Friday as traders trimmed wagers on monetary policy easing by the U.S. Federal Reserve following hotter-than-expected wholesale inflation data. The Japanese yen, meanwhile, firmed broadly following surprising strong economic growth […]