Investing.com– Most Asian currencies moved little on Tuesday and the dollar steadied in anticipation of key U.S. inflation data due later this week, while the Japanese yen moved back towards 34-year lows despite repeated warnings of government intervention.
Traders remained largely wary of making big bets in anticipation of more cues on U.S. interest rates. Asian markets were also still reeling from a bumper reading on Friday, which saw traders further price out expectations of early interest rate cuts by the Federal Reserve.
The payrolls data kept the dollar trading strong, and also pushed up U.S. Treasury…
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