(Reuters) - The dollar rose to session highs against the euro and yen on Wednesday after news that June housing starts were slightly higher than expected, a small sign the sector may be improving prospects for the economy.
However, building permits were the lowest in a decade and separate data showed U.S. core inflation in June was in line with forecasts, keeping dollar gains capped and expectations intact that the Federal Reserve will keep benchmark overnight interest rates steady for the time being.
Read more at Reuters Africa
However, building permits were the lowest in a decade and separate data showed U.S. core inflation in June was in line with forecasts, keeping dollar gains capped and expectations intact that the Federal Reserve will keep benchmark overnight interest rates steady for the time being.
Read more at Reuters Africa
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