The dollar is slipping

news from Markets

The dollar slipped after inflation data came in below expectations. The US dollar index was down by 0.3% at 92.77 at 8:53 a.m. ET after trading higher ahead of the Consumer Price Index report. CPI rose 0.5% month-over-month in September, according to the Labor Department. That was above the prior month's reading of 0.4%, but below expectations of a 0.6% print. On a year-over-year basis, CPI rose by 2.2%, which was above the prior month's reading of 1.9%, but below expectations of...

Comment

Become a member to take advantage of more features, like commenting and voting.

Jobs to Watch