US Dollar Steady, Eyes on Inflation Data & Oil Amid Yen Volatility

The US dollar remained steady against major currencies, with investor focus now shifting to crucial US consumer price index (CPI) data on Wednesday, followed by producer price data and retail sales figures later this week. Crude oil prices also hovered near one-week highs amid dimming hopes for a US-Iran deal, potentially impacting global inflation. The yen saw its intervention-boost fade, highlighting ongoing currency market volatility. These factors could influence global gold prices and the USD/PKR exchange rate in Pakistan.

بحوالہ / Source: www.brecorder.com