💨 Abstract

On Thursday, the US dollar remained steady despite a decrease in U.S. bond yields following inflation data, as market attention shifted to Donald Trump's inauguration and potential inflationary effects of his policies. The yen increased against the dollar and euro due to expectations of a Bank of Japan rate hike next week. Core U.S. inflation dipped slightly, but remained above the Fed's target, causing Treasury yields to decrease. The U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖