FOREX-Dollar slips, yuan steadies after central bank moves to limit gains ...Middle East

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FOREX-Dollar slips, yuan steadies after central bank moves to limit gains
source : Devdiscourse ( Middle East ) () 34
The dollar hovered near five-month lows on Tuesday as investors waited for eurozone inflation data and a U.S. manufacturing survey, while the yuan steadied after China's central bank took steps to limit its appreciation. The dollar index was back below 90 in early European trading, having hit as high as 90.447 on Friday, when a measure of U.S. inflation closely watched by the Fed posted its biggest annual rise since 1992. The gauge sank 0.3% on Monday in a market thinned by U.S. and British holidays.

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