U.S. dollar rose against most major currencies on Wednesday as investors digested major economic data.
The U.S. Labor Department said on Wednesday its Consumer Price Index (CPI) edged up 0.1 percent last month after jumping 0.5 percent in September.
Meanwhile, the year-on-year increase in the CPI went down to 2.0 percent from 2.2 percent in September. The latest readings were in line with market expectations.
In late New York trading, the euro declined to 1.1793 dollars from 1.1795 dollars in the previous session, and the British pound decreased to 1.3168 dollars from 1.3170 U.S. dollars in the previous session. The Australian dollar dropped to 0.7584 dollar from 0.7635 dollar.
The dollar bought 112.95 Japanese yen, lower than 113.38 yen of the previous session. The U.S. dollar declined to 0.9888 Swiss franc from 0.9893 Swiss franc, and it was up to 1.2769 Canadian dollars from 1.2731 Canadian dollars.
The U.S. Labor Department said on Wednesday its Consumer Price Index (CPI) edged up 0.1 percent last month after jumping 0.5 percent in September.
Meanwhile, the year-on-year increase in the CPI went down to 2.0 percent from 2.2 percent in September. The latest readings were in line with market expectations.
In late New York trading, the euro declined to 1.1793 dollars from 1.1795 dollars in the previous session, and the British pound decreased to 1.3168 dollars from 1.3170 U.S. dollars in the previous session. The Australian dollar dropped to 0.7584 dollar from 0.7635 dollar.
The dollar bought 112.95 Japanese yen, lower than 113.38 yen of the previous session. The U.S. dollar declined to 0.9888 Swiss franc from 0.9893 Swiss franc, and it was up to 1.2769 Canadian dollars from 1.2731 Canadian dollars.
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