US dollar hovers near two-decade high before inflation gauge

May 11, 2022 10:36 AM

TOKYO (REUTERS) – The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key reading on inflation that should provide clues on how aggressive the Federal Reserve will be in tightening monetary policy.

Source : https://www.straitstimes.com/business/banking/us-dollar-hovers-near-two-decade-high-before-inflation-gauge