BSE:517174 19 December 2025

June 27, 2026, 10:22 AM EDT. The U.S. dollar slipped 0.07% on Friday as WTI crude oil prices fell over 3% to a four-month low, reducing inflation concerns and lessening expectations of aggressive Federal Reserve interest rate hikes. The University of Michigan's June consumer sentiment index came in weaker than expected, pressuring the dollar further. However, hawkish comments from Minneapolis Fed President Neel Kashkari, expressing inflation concerns and support for a rate increase, helped the dollar partially recover. Euro gained 0.12%, bolstered by the weaker dollar and Europe's energy import reliance benefiting from lower oil prices. The yen strengthened modestly against the dollar following higher-than-expected Tokyo CPI inflation and a 4% Nikkei drop, boosting safe-haven demand despite concerns over Bank of Japan's slow policy normalization.