Dollar Slips and Equities Rise Ahead of Release of U.S. CPI Data

The dollar dropped overnight by 0.6% against the Aussie dollar, 0.5% versus the euro and Swiss franc, 0.4% relative to sterling and 0.1% vis-a-vis the Canadian dollar. One currency against which the dollar strengthened was the Russian ruble, which dropped 0.8%, touching the softest level (98.006/USD) since the onset of the war in Ukraine. U.S. […]