The dollar rose against its major counterparts, today, Thursday, as traders await the release of US inflation data tomorrow, Friday, after it was delayed, at a time when they are assessing the threats of new customs duties between Washington and Beijing.
The dollar index, which measures the performance of the US currency against the yen, British pound, euro and three other currencies, rose 0.05 percent to 98.979.
The dollar rose 0.17 percent to 152.21 yen, and had previously touched 152.26 yen for the first time since October 14.
The yen fell to its lowest levels in a week against the dollar as the market awaits details of a large stimulus package from new Japanese Prime Minister Sanae Takaichi, who is widely seen as leaning toward fiscal and monetary easing.
The pound sterling remained under pressure after British data showed on Wednesday that consumer price inflation stabilized at 3.8 percent last month, despite economists’ expectations of an acceleration.
The British pound fell 0.09 percent to $1.3345. The euro fell 0.06 percent to $1.1604.
