USA Dollar

USA Dollar

BUZZ-COMMENT-US recap: EUR/USD cuts early losses, but dollar favored pre-PCE

Feb 28 (Reuters) - The dollar index rose 0.1%, but was well off its earlier Wednesday highs as markets braced for Thursday's U.S. and euro zone inflation reports that could impact risk-sensitive currencies if the data dim or augment Fed and ECB rate cut pricing and end EUR/USD's stagnation if the data diverge. EUR/USD fell 0.05%, having rebounded after holding some key supports amid Wednesday's early, broad-based dollar rise, but it may take Thursday's U.S. core PCE and euro zone states' CPI reports to determine if the near halving of...
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