Browsing: dollar

SINGAPORE – The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a cooling labour market and hence higher odds of Fed rate cuts this year.

Three-month copper on the London Metal Exchange was 0.8% higher at $9,547 per metric ton as of 1158 GMT, reversing Tuesday declines caused by slower-than-expected China’s industrial output growth

TOKYO – The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained a whisker away from what markets believe to be the line in the sand for Japanese authorities to intervene.