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<FX> USD Edges Down Ahead of Central Bank Meetings
Investors turned cautious ahead of a series of central bank meetings later this week, with the US dollar edging lower on Monday. The US Dollar Index fell 0.1% to 98.5.The Bank of J...
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Investors turned cautious ahead of a series of central bank meetings later this week, with the US dollar edging lower on Monday. The US Dollar Index fell 0.1% to 98.5.

The Bank of Japan will announce its interest rate decision later this week, while the Japanese yen hovered below the key 160 level. USD/JPY was quoted at 159.4, with JPY100 trading at around HKD4.92.

Related NewsInflation Rate YoY for Apr in the United States is 3.8%, higher than the previous value of 3.3%. The forecast was 3.7%.
EUR/USD held at 1.172.

GBP/USD was quoted at 1.353.

USD/CAD fell to 1.363.

Related NewsCore PPI YoY for Apr in United States is 5.2%, higher than the previous value of 4.0%. The forecast was 4.3%.
AUD/USD rose to 0.718.

USD/CHF held at 0.785.

(me/t)

Related NewsEIA Crude Oil Stocks Change for May/08 in the United States is -4.306M, lower than the previous value of -2.313M. The forecast was -2.10M.

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