U.S. dollar slips amid economic data
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E-mail Xinhua, April 14, 2021
NEW YORK, April 13 (Xinhua) -- The U.S. dollar weakened in late trading on Tuesday as market participants pored through newly-released economic data.
The dollar index, which measures the greenback against six major peers, fell 0.31 percent at 91.8532.
In late New York trading, the euro increased to 1.1946 U.S. dollars from 1.1905 dollars in the previous session, and the British pound increased to 1.3751 dollars from 1.3744 U.S. dollars in the previous session. The Australian dollar was up to 0.7642 U.S. dollar from 0.7616 dollar.
The U.S. dollar bought 109.07 Japanese yen, lower than 109.41 Japanese yen of the previous session. The U.S. dollar decreased to 0.9207 Swiss franc from 0.9228 Swiss franc, and it decreased to 1.2534 Canadian dollars from 1.2562 Canadian dollars.
On the data front, U.S. consumer price index (CPI) increased 0.6 percent in March, the U.S. Bureau of Labor Statistics reported on Tuesday. Economists polled by Dow Jones and The Wall Street Journal had forecast a 0.5-percent increase in the CPI.
The all items index rose 2.6 percent for the 12 months ending March, a much larger increase than the 1.7-percent reported for the period ending in February, showed the report. Enditem
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