Dollar slumps ahead of US inflation data; yen, sterling jump
Written by Black Hot Fire Network on July 12, 2023
SINGAPORE, July 12 (Reuters) - The dollar sank to a two-month low against major peers on Wednesday in the lead-up to a U.S. inflation reading, while sterling scaled a 15-month top on expectations the Bank of England (BoE) has further to go in raising rates.
The yen jumped to a one-month high and strengthened past 140 to . . .
