RTTN: US Dollar Mixed Ahead Of October Wholesale Inventories Report
(RTTNews) - The US Commerce Department is due to release its wholesale inventories report at 10:00 AM ET. Economists expect wholesale inventories at the end of October to show a 0.5% decline.
The US dollar showed mixed trading against its major rivals ahead of the report. While the greenback edged higher against the pound, it showed weakness against other major currencies.
As of 9:55 am ET, the greenback was worth 1.4728 against the euro, 1.0264 versus the Swiss franc, 1.6232 per pound and 87.81 against the yen.