Forex
Dollar eases as the yen and Aussie firm
The greenback slips against major peers, while the yen stays under pressure over the bigger picture.
The dollar index falls 0.3% to 100.942. Against that backdrop, EUR/USD rises 0.2% to 1.1422, AUD/USD gains 0.5% to 0.6975, and GBP/USD is little changed at 1.3391.
USD/JPY rises 0.2% to 162.233, keeping the yen weak even after the softer dollar tape. USD/CHF is flat at 0.8095, while USD/CAD falls 0.8% to 1.4057 and USD/MXN slips 0.4% to 17.4265.
Some of the FX moves line up with the day’s macro headlines. CNBC says cooler inflation is helping weigh on the dollar, and FXStreet also points to a softer U.S. dollar after the CPI data.
Emerging market pairs are mixed. USD/INR climbs 0.9% to 96.19, while USD/CNY falls 0.2% to 6.7624, USD/KRW drops 0.7% to 1488.39, and USD/ZAR rises 0.1% to 16.3677.