Dollar edges down against yen after uptick in US inflation

Dollar edges down against yen after uptick in US inflation

The US dollar edged lower against the yen on Thursday (Oct 10) after data showed a higher-than-expected rise in US inflation in September even though prices were on a downward trend, allowing the Federal Reserve to keep cutting interest rates. Labor Department data on Thursday showed that the consumer price index increased 0.2 per cent…

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