The US dollar fell today, after data showing that US inflation rose at a slower-than-expected pace increased risk appetite and expectations that the Federal Reserve (the US central bank) will end monetary tightening after another rate hike next month.
The dollar index, which measures the performance of the greenback against six major currencies, fell 0.03% to 101.44.
The euro rose 0.05% to $1.0994..the Japanese yen fell 0.04% to 133.20 per dollar, and the pound sterling recorded the latest transactions at $1.2486, up 0.04% during the session..and the Australian dollar fell 0.01% to $0.669. The New Zealand dollar fell 0.23% to $0.621.
