18 Hrs
Source:
الاقتصادية
Source: الاقتصادية
18 Hrsالاقتصادية
Source: الاقتصادية
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The US dollar was steady in Asian trading as investors awaited US inflation data for October. The euro, pound, Australian dollar and New Zealand dollar gained, while the yen traded near 158 to the dollar. Economists polled by Reuters expect annual inflation to rise to 3.9% and core inflation to 2.8%. Markets are pricing in about an 85% chance of a US interest-rate hike in December. A higher-than-expected reading could strengthen bets on a rate hike and support the dollar, though currency movements are also influenced by interest-rate expectations, labor-market data, bond yields and stock-market performance.
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