Latest News

Irish News

Click Here to read Irish News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
/fxcentre/i-want-to/read-news
FOREX-Dollar holds losses after CPI rises less than forecast
Published at 11/10/2018 at 14:02

NEW YORK, Oct 11 (Reuters) - The dollar held its earlier losses on Thursday against a basket of currencies as data showed domestic consumer prices grew less than analyst forecasts in September, reducing expectations inflation is accelerating despite a tightening labor market.

At 8:57 a.m. (1257 GMT), an index that tracks the greenback versus six currencies was down 0.39 percent at 95.138 after touching its lowest level in nearly two weeks.

(Reporting by Richard Leong Editing by Chizu Nomiyama)

((richard.leong@thomsonreuters.com; +1 646 223 6313; Reuters Messaging: richard.leong.thomsonreuters.com@thomsonreuters.net; Twitter @RichardLeong2))