Dollar slips after Chinese rate cut boosts risk-taking; U.S. CPI in focus

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Published Jun 13, 2023 03:34AM ET © Reuters. EUR/USD +0.39% Add to/Remove from Watchlist GBP/USD +0.49% Add to/Remove from Watchlist USD/JPY -0.03% Add to/Remove from Watchlist AUD/USD +0.50% Add to/Remove from Watchlist USD/CNY +0.07% Add to/Remove from Watchlist DXY -0.33% Add to/Remove from Watchlist Investing.com - The U.S. dollar retreated in early European trade Tuesday, with risk sentiment helped by China’s short-term lending rate cut, although the upcoming U.S. inflation data and Federal Reserve policy meeting has resulted in a degree of uncertainty. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other...