FOREX-Dollar slips on recession fears; eyes on U.S. CPI, c.bank meetings
Written by Black Hot Fire Network on December 9, 2022
By Rae Wee
SINGAPORE, Dec 9 (Reuters) - The dollar retreated on Friday as worries over a slowdown in the United States mounted, with traders on guard ahead of a slew of central bank meetings next week, with the Federal Reserve taking centre stage.
Against the greenback, the euro rose 0.25% to $1.0581, edging toward its six-month peak hit at the start of the week and on track for a third straight week of gains.
Sterling firmed 0.27% and stood at $1.2274, not far off Monday's six-month . . .
