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Yen on track for best week in nearly 15 months
Summary by Zawya
3 Articles
3 Articles
Dollar flat after inflation data; yen set for strong weekly gain
NEW YORK, Feb 13 : The U.S. dollar was mostly flat against peer currencies on Friday after data showed a less than expected increase in inflation in January, suggesting the Federal Reserve could continue holding rates in the near term while the Japanese yen was set for its strongest weekly gain in a year. The euro was flat at $1.1865 against the dollar. Against the Swiss franc, the dollar weakened 0.04 per cent to 0.769. Source link
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