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Forex Today: US Dollar on pause ahead of US CPI
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FXStreet Forex & Commodities News
Investors expect the report's annual reading to be lower than June’s reading, reducing rate-hike bets from the Federal Reserve (Fed) and weighing on the US Dollar.
US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today.
USD/CAD fell to a two-month low as the Canadian Dollar (CAD) strengthens amid higher Oil prices.
Gold is trading lower near a two-month high around $4,400 per troy ounce amid the frozen conflict between the US and Iran.
West Texas Intermediate (WTI) Oil trades up slightly to $83.30 per barrel as the Strait of Hormuz remains closed.