The greenback ticked up on Thursday, maintaining the latest robust before having more signals on the US interest rate trajectory upon the release of PPI and retail sales figures.

The dollar index that gauges the greenback versus its major pairs, edged up by 0.1% at 102.490.

The US dollar was previously buoyed during the week following the release of more solid than projected US CPI, these heightened predictions indicting that Fed will proceed cautiously in cutting interest rates.

During the previous month, the greenback dipped around 1.7%, impacted by dovish comments from Fed, implying that the central bank will start trimming interest rate this summer.

Attention shifted now on the PPI figures for February and retail sales to find more hints regarding the interest rate trajectory before Fed’s next meeting.

EUR/USD ticked down by 0.1% to 1.0942, the absence of economic figures in the eurozone is adding to the overall stability in the market.

GBP/USD edged up by 0.2% at 1.2816, with BOE is largely projected to maintain the interest rate status in the upcoming meeting next week, as inflation still surpass the central bank’s 2% target.

USD/JPY advanced by 0.1% to 147.82, with the yen giving up some of the latest gains with the BOJ poised to meet the upcoming week.