FOREX-Dollar up before US data, yen on track for biggest daily fall in a month

[admin]

The dollar edged up before U.S. inflation data, and the yen was on track to record its biggest daily drop against the greenback on Tuesday as expectations that the Bank of Japan (BoJ) could scrap its negative interest rate policy faded. Analysts expect weak figures to back the optimism on disinflation Federal Reserve Chair Jerome Powell showed last week and trigger significant downside volatility for the dollar.