FOREX-Buck index dips as U.S. CPI rises not up to forecast By way of Reuters

© Reuters. FOREX-Buck index dips as U.S. CPI rises not up to forecast

NEW YORK, Sept 13 (Reuters) – The buck weakened in opposition to a basket of primary currencies on Thursday following information that confirmed U.S. shopper costs grew zero.2 p.c in August, not up to the zero.three p.c build up forecast amongst analysts polled through Reuters. eight:38 a.m. (1238 GMT), an index that tracks the dollar as opposed to the euro, yen, sterling and 3 different currencies was once down zero.18 p.c at 94.631.

The euro erased its previous losses in opposition to the buck, ultimate up zero.32 p.c at $1.16645, whilst the dollar trimmed its achieve as opposed to the yen, ultimate up zero.16 p.c at 111.420 yen, EBS information confirmed.

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