EURUSD: The USD fell against the euro awaiting CPI data

The US greenback fell to a one-month low in opposition to the euro today, as buyers predicted the discharge of a key US inflation record that might affect US coverage decisions. Federal Reserve. The euro rose barely 0.03% to 1.0823 USD at some stage in Asian buying and selling hours, at one factor attaining 1.0828 USD, a stage now no longer visible given that April 10.

The US greenback index, which compares the greenback in opposition to a basket of six important currencies with a widespread emphasis at the euro, fell 0.11% to 104.94. Earlier, it touched a low of 104.92, its lowest in per week and a half.

At the identical time, US Treasury yields fell, with the benchmark long-time period yield falling to 4.4414%, persevering with its in a single day decline of 3.five foundation points.