The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Greenback nurses losses on weak US data
On Thursday, the evergreen buck nursed losses, following dismal American inflation data, which left traders wondering if the US major bank would be able to follow up its latest rate lift with another later in 2017.
Deepening political turmoil in the USA also applied pressure on the American currency as well as US Treasury yields. The Washington Post informed that Donald Trump is being currently investigated by special counsel Robert Mueller for hypothetical obstruction of justice.
The dollar index, gauging the American currency versus a basket of six counterparts, dropped, trading at 96.915, although above its overnight minimum of 96.323, reached after dismal economic figures.
Against its Japanese rival the greenback shrugged off earlier losses and stood still at 109.54 yen, which is higher than Wednesday's eight-week minimum of 108.81 yen.
The common currency didn’t change, keeping to $1.1217, which is below a seven-month high of $1.1296 scaled overnight.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.