The dollar index, which measures the greenback against six major peers, decreased 0.01 percent to 103.5933.
In late New York trading, the euro rose to 1.0740 U.S. dollars from 1.0733 dollars in the previous session, and the British pound decreased to 1.2172 U.S. dollars from 1.2198 dollars in the previous session.
The U.S. dollar bought 134.16 Japanese yen, higher than 133.31 Japanese yen of the previous session. The U.S. dollar increased to 0.9132 Swiss francs from 0.9110 Swiss francs, and it decreased to 1.3681 Canadian dollars from 1.3727 Canadian dollars. The U.S. dollar fell to 10.4665 Swedish Kronor from 10.5984 Swedish Kronor.
The U.S. consumer price index (CPI) rose 0.4 percent in February, and the annual rate slowed down to 6 percent from 6.4 percent in January, the Labor Department reported on Tuesday. The readings were in line with market expectations.
The core CPI, which excludes food and energy, rose 0.5 percent in February, above the 0.4 percent consensus, for an annual increase of 5.5 percent.
The report continued to show persistent inflation, likely to keep the Federal Reserve on track for another interest rate hike next week despite current banking scares, experts noted.
Latest comments