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CURRENCIES

US$ softer, investors ponder Dec rate hike view

Thursday, October 20, 2016 - 05:50

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The dollar index was subdued on Wednesday as Treasury yields ticked lower after US consumer prices suggested underlying inflation was moderating, prompting investors to trim bets on an interest rate hike later this year.

London

THE dollar index was subdued on Wednesday as Treasury yields ticked lower after US consumer prices suggested underlying inflation was moderating, prompting investors to trim bets on an interest rate hike later this year.

The index was down 0.2 per cent at 97.696, below

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