RTTN: Dollar Ticks Up Against European Majors Ahead Of June Business Inventories Report
(RTTNews) - The Commerce Department is scheduled to release its business inventories report for June at 10 am ET. The report is expected to show a 0.9% decline in business inventories for the month.
The greenback inched higher against its European major rivals ahead of the report. As of now, the dollar is worth 1.0727 against the Swiss franc, 1.4276 against the euro and 1.6575 per pound.