Market News
Dollar rebounds vs yen; euro firmer after inflation data - REUTERS
Summary
- Trump says potential Fed chair is present as he introduces Kevin Hassett
- BOJ December rate hike bets intact
- Euro zone inflation ticks up, pointing to steady ECB rates
- Bitcoin rebounds after sharp selloff
NEW YORK, Dec 2 (Reuters) - The dollar regained ground against the yen on Tuesday, recovering from Monday's selloff, even as expectations for a December rate hike by the Bank of Japan lingered, while the euro edged up after data showed euro zone inflation was slightly hotter than expected.
The U.S. currency came under pressure late in the session after U.S. President Donald Trump said a potential Federal Reserve chair was present as he introduced White House economic adviser Kevin Hassett at a White House meeting.
