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Dollar dips after U.S. consumer prices data

Dollar dips after U.S. consumer prices data
Dollar dips after U.S. consumer prices data   -   Copyright  Thomson Reuters 2022
By Reuters

NEWYORK – The U.S. dollar fell to a fresh two-month low against a basket of currencies on Wednesday after data showed U.S. consumer prices rose solidly in December, but in line with economists’ expectations.

The U.S. Dollar Currency Index, which tracks the greenback against six major currencies, was down 0.3% at 95.339, its lowest since Nov. 15.