💨 Abstract

The dollar paused near a two-month high against major peers on Friday, with the euro, pound, and yen all showing minor gains. The U.S. core consumer inflation was slightly higher than expected, but high jobless claims kept expectations for a 25 bps Fed rate cut in November intact. Britain's economy grew slightly in August, but the pound remained at one-month lows.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖