Dollar Steady Ahead of Inflation Data; Consumer Confidence Up Slightly in Europe
• Dollar edges higher but remains near 3-month low ahead of inflation data that could influence Fed rate hike outlook • Focus on PCE inflation report Thursday - expected to show cooling price pressures • European consumer confidence data suggests slight improvement • ECB President Lagarde warns fight to contain prices not over despite signs of easing • Yen edges higher ahead of U.S. and Japan inflation data that could spur currency volatility