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Dollar falls after US inflation data
2021-09-14 20:40:47 GMT
(Economies.com)
The US dollar fell against most currencies on Tuesday, after the release of disappointing economic data.
The US consumer price index rose by 0.3% in August, lower than forecasts of 0.4%.
The core reading (excluding food and fuel prices) rose by 0.1%, lower than forecasts of 0.3%.
Investors are anticipating the next move of the US Federal Reserve, especially after hinting at reducing the size of its bond-buying program before the end of 2021.
Efforts to contain the coronavirus highly transmissible delta variant are continuing around the world by distributing more vaccines.
The dollar index fell against a basket of major currencies by 0.2% to 92.4 points as of 18:10 GMT, after hitting a high of 92.6 points and a low of 92.3 points.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1738
|
0.0024
|
0.2079%
|
|
|
|
|
1.3719
|
0.0043
|
0.3177%
|
|
|
|
Tadawul
|
11270.57
|
-40.58
|
0.36%
|
|
|
|
|
22.675
|
0.374
|
1.679%
|
|
|
|
|
73.451
|
2.518
|
3.550%
|
|
|
|
|
77.41
|
0.17
|
0.22%
|
|
|
|
|
1752.730
|
-4.075
|
0.232%
|
|
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