Dollar weakens against euro Before the United States released CPI numbers, the yen continued to fall.

The US dollar weakens against the euro. But it is still stronger than the yen. which continued to fall Investors will be keeping an eye on the release of US CPI numbers today.

On May 15, 2567, Reuters news agency reported that The US dollar weakened to a one-month low against the euro. In trading today (1 May) And US government bond yields also fell. Meanwhile, investors are waiting for the release of Consumer Price Index (CPI) data in April, which will affect the decision to adjust interest rates by the Federal Reserve (Fed).

The Dollar Index measures the movement of the U.S. dollar against six major basket currencies. Stabilized at 6 after falling to the lowest level in nearly 105.013 weeks at 2 yesterday (104.95 May).

Long-term US government bond yields were at 4.4472% after falling 0.035%.

Meanwhile, the Yuan weakened to its lowest level in 2 weeks against the US dollar after US President Joe Biden Announcing an increase in tariffs on many products imported from China. including computer chips This has intensified tensions between the United States and China.

The yen weakened to its lowest level in two weeks as there was still a large gap between the yields on US government bonds and Japanese government bonds. This encouraged investors to continue selling the yen.

This is despite the fact that the US dollar weakened significantly overnight. Against major currencies, it was still up 0.6% against the yen. The dollar strengthened 0.6% today (May 15), moving to 156.535 yen after rising to a high of 156.80 yen.

refer : reuters.com

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