Forex Market Update : Epic Research Singapore

The dollar inched down against major rivals Tuesday as investors looked ahead to a European Central Bank meeting that is likely to bring additional easing, which could support the case for dollar strength in the longer run.

The euro EURUSD -0.13%   rose to $1.3628 from $1.3598 late Monday. The much-awaited euro-zone inflation report showed price growth slipped to 0.5% in May from 0.7% in April, missing expectations for a reading of 0.6%.

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