Dollar index holds losses after in-line US CPI data

Shoaib Ur Rehman December 12, 2018

NEW YORK: The dollar remained at lower levels versus a basket of currencies on Wednesday as US consumer prices were unchanged in November, matching analysts’ forecasts and supporting the view that underlying inflation trend stayed firm.

At 8:35 a.m. (1335 GMT), an index that tracks the greenback against the euro, yen, sterling and three currencies was 0.12 percent lower at 97.276. It touched a near one-month high of 97.545 on Tuesday.

Copyright Reuters, 2018




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