Tokyo’s core inflation continued its three-month slide in September, offering the yen some respite.
The dollar index held steady in the Asian morning after dipping as low as 106.020 overnight, on track for an 11th straight week of gains.
The dollar index, which tracks the currency against six other majors, was mostly flat in the Asian morning, on track for an 11th straight week of gains, after dipping as low as 106.020 overnight. At the same time markets look ahead to key PCE data released later on Friday, the US appears to be headed toward a partial government shutdown, which could affect the release of economic data, providing little visibility on how the economy is doing.
Richmond Fed President Thomas Barkin on Thursday said it’s unclear whether more monetary policy changes will be needed in coming month.
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