Investing.com – The U.S. dollar edged lower in early European trade Tuesday on a slight pickup on risk sentiment, but traded in tight ranges ahead of the release of key inflation data.
At 04:25 ET (08:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 104.410, handing back some of last week’s strong gains as traders returned from the holidays in the U.K. and the U.S..
Dollar slips ahead of core PCE release
The dollar slipped slightly Tuesday, but trading ranges remain…
