Investing.com - The U.S. dollar steadied Friday after losing ground the previous session on weak jobs data, while the pound gained in the wake of stronger-than-expected growth numbers.
There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on Thursday. Pierre Wunsch, Belgium's central bank governor, made the case for further moves earlier this week, arguing that staying tight for too long was now a bigger risk than easing too early.rose 0.1% to 7.2249, with the yuan weakening following reports saying U.S. President Joe Biden was considering imposing fresh sanctions on certain Chinese industries, such as electric vehicles and batteries.
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