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Dollar dips after U.S. consumer prices data

Forex2 hours ago (Jan 12, 2022 14:02)

© Reuters. FILE PHOTO: A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011. REUTERS/Kacper Pempel

NEW YORK (Reuters) – The U.S. dollar fell to a fresh two-month low against a basket of currencies on Wednesday after data showed U.S. consumer prices rose solidly in December, but in line with economists’ expectations.

The U.S. Dollar Currency Index, which tracks the greenback against six major currencies, was down 0.3% at 95.339, its lowest since Nov. 15.

Dollar dips after U.S. consumer prices data

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