Investing.com – The U.S. dollar slipped lower Thursday, retreating from last week’s five-month highs ahead of the release of key U.S. growth data, while the Japanese yen falls to 34-year lows.
At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.445, having climbed well over 106 last week.
Dollar to remain strong until end of “economic exceptionalism”
The dollar has edged lower ahead of the release of first-quarter U.S. data later in the session, which will show just how resilient the U.S. economy was in the beginning of 2024.
The…
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