Previous close | 0.9198 |
Open | 0.9198 |
Bid | 0.9202 |
Day's range | 0.9185 - 0.9210 |
52-week range | 0.8869 - 0.9570 |
Ask | 0.9207 |
The latest investor updates on stocks that are trending on Monday.
The UK's CPI data this week could pave the way for a summer rate cut, as it is expected to show a decline to 2.1% from 3.2% in March.
The U.S. dollar traded in a steady fashion Monday, at the start of a new week that is set to provide more clues over the future path of U.S. interest rates. The dollar was hit last week after a slowdown in U.S. inflation lifted the likelihood of interest rates cut by the Federal Reserve this year. There was something of a recovery as several Fed officials, specifically members of the bank’s rate-setting committee, said that they needed much more confidence that inflation was coming down, beyond some easing inflation in April.