RTTN: Dollar stable against majors ahead of US business inventories report
The US Commerce Department is scheduled to release its business inventories report for January at 10:00 AM ET. The report is expected to show a 1% decline in business inventories for the month.
The dollar was stable against its major opponents ahead of the report. As of 9:55 am Eastern Time, the greenback was quoted at 1.372 against the pound, 1.2766 versus the euro, 1.1915 against the franc and 97.20 versus the yen.
