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FX Daily Updates
US dollar pares gains vs yen, euro turns higher after inflation data, jobless claims
georgemiller
Publish Date: Thu, 11 Sep 2025, 12:49 PM

NEW YORK, Sept 11 (Reuters) - The U.S. dollar reversed gains against the yen while the euro turned higher on Thursday after inflation data came in mostly in-line with market forecasts, reinforcing the view that the Federal Reserve will resume cutting interest rates at a policy meeting next week.
Higher-than-expected jobless claims also weighed on the dollar, suggesting a weakening labor market.
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The dollar was last slightly down against the yen at 147.44 yen , while the euro rose 0.1% to $1.1712 .
https://www.reuters.com/world/africa/us-dollar-pares-gains-vs-yen-euro-turns-higher-after-inflation-data-jobless-2025-09-11/