U.S. Dollar Stabilizes Ahead of Inflation Reports; Japanese Yen Hits 18-Month Low
The U.S. dollar paused its recent declines on Wednesday, remaining steady ahead of significant inflation updates, while the Japanese yen fell to its lowest level in a year and a half amid political developments. The Dollar Index traded nearly flat, supported by firm Fed signals despite softer-than-expected consumer price inflation. In Europe, the e…