The US dollar declined on Thursday after data showing US inflation rising at a slower-than-expected pace increased risk appetite and expectations that the Federal Reserve (US Central Bank) will finish monetary tightening after another interest hike next month.
The dollar index, which measures US currency performance 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% to the dollar, and sterling was last trading at $1.2486, up 0.04% during the session. The Australian dollar fell 0.01% to 0.669 US dollars. The New Zealand dollar fell 0.23% to $0.621.
Source: Qatar News Agency