FOREX-Dollar subdued as investors look to key U.S. inflation gauge ...Middle East

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FOREX-Dollar subdued as investors look to key U.S. inflation gauge
source : Devdiscourse ( Middle East ) () 49
The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after softer-than-expected jobs data quelled expectations of an early tapering in the Federal Reserve's stimulus. The euro fetched $1.21915, bouncing back from its three-week low of $1.2104 set on Friday while the dollar eased to 109.26 yen, losing steam after having hit a two-month high of 110.325 late last week.

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