Dollar Edges Up as Traders Await Rate Cut Clues, Euro Stabilises

June 18, 2024, 03.45 PM | Source: Reuters
Dollar Edges Up as Traders Await Rate Cut Clues, Euro Stabilises

ILUSTRASI. The dollar edged higher on Tuesday as traders awaited a U.S. retail sales report.

CURRENCY - TOKYO/LONDON. The dollar edged higher on Tuesday as traders awaited a U.S. retail sales report and comments from Federal Reserve officials to help gauge the timing of interest rate cuts, while the euro steadied after last week's politics-driven tumble.

The U.S. dollar index, which measures the currency against six major peers, was last up 0.18% to 105.46. It lost 0.2% on Monday as it retreated from Friday's six-week high of 105.80.

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