Dollar benefits from risk aversion ahead of key inflation data

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Published Jan 08, 2024 04:10AM ET © Reuters. EUR/USD -0.12% Add to/Remove from Watchlist GBP/USD -0.29% Add to/Remove from Watchlist USD/JPY -0.07% Add to/Remove from Watchlist USD/CNY +0.31% Add to/Remove from Watchlist Investing.com - The U.S. dollar edged higher in early European trade Monday, continuing to see demand as risk appetite remained subdued ahead of a key U.S. inflation report later in the week. At 04:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 102.262, remaining within sight of a three-week high. Dollar in favor ahead of...