Dollar Nears One-Month Low Against Yen Before Inflation Test; Kiwi, Aussie Slip

The US dollar continues its downward spiral, almost reaching its one-month low against Yen. Moreover, as investors await the US inflation data, the currency traded weak against most major peers.  With the uncertainty in the market regarding the Fed’s interest rates stance, the currency is facing severe difficulties. Yen also gained from global stocks retreating …

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