The U.S dollar rebounded today while investors are grasping the diverse economic figures.

On the other hand, sterling slumped amid the uncovering of the UK budget data.

The U.S. currency saw a drop during the latest weeks as Fed officials implied that Fed could slow down the aggressive rate hikes.

The greenback edged up today post the release of the U.S retail sales figures yesterday that jumped beyond forecasts.

The dollar index, climbed by 0.66% to 106.98. There was a slip of more than 6% since it recorded its highest level in 20 years last September.

EUR/USD slipped 0.63% at $1.033, post reaching its peak since July at $1.048.

GBP/USD dipped 0.98% to 1.179, as Jeremy Hunt reported soared taxes and spending policies aimed to tame inflation.

USD/JPY bounced at 0.94% to 140.24 following an earlier slip during the session. It saw a drop of 3.7% the past Thursday of the earlier week post the CPI data release that was dropped beyond forecasts.