# Dollar Sellers Pause for US Inflation Data

> US inflation data could push dollar higher as markets weigh rate hike bets.
- Title: Dollar Sellers Pause for US Inflation Data | Shortify
- Summary: US inflation data could push dollar higher as markets weigh rate hike bets. US inflation data may boost dollar after markets priced 85% chance of Fed rate…
- Keywords: us inflation data, fed rate hike, dollar value, us jobs report, euro to dollar exchange rate, australian dollar, bank of england interest rate, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/forex/forex-news/dollar-sellers-hit-pause-for-us-inflation-data/articleshow/135696077.cms
- Author: Reuters
- Published: 2026-11-10T00:51:00+00:00
- Read time: 1 min
- Topics: us inflation data, fed rate hike, dollar value, us jobs report, euro to dollar exchange rate, australian dollar, bank of england interest rate, money, business
## Dollar Pauses for US Data
Investors rotated back into riskier assets after oil prices fell and stocks rose.
## Dollar Holds Firm in Asia
Australian dollar rose nearly 1% to $0.6921 and new zealand dollar traded at $0.5624.
## Euro Jumps Overnight
Euro rose 0.7% to $1.1220 after reversing a friday fall from strong us jobs data.
## US Jobs Report Boosts Hike Bets
A blowout october jobs report with hiring more than twice forecasts prices 85% chance of fed rate increase next month.
## US Inflation Data Expected
Headline inflation is seen at 3.9% and core at 2.8% year-on-year in october according to economists.
## Market Hike Expectations
Markets priced two us rate hikes by mid-2025 but outlook dimmed amid ai stock turbulence.
## Sterling Stays Steady
Sterling sat at $1.3441 after bank of england raised interest rates for first time in three years.
## Yen Defends Against Dollar
Japan's yen hovered at 157.97 per dollar after selling $97 billion in reserves to defend against falls.
## Key takeaway

US inflation data may boost dollar after markets priced 85% chance of Fed rate hike next month.