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FOREX-Dollar index trims losses after U.S. PPI data
February 14, 2017 / 1:48 PM / 8 months ago

FOREX-Dollar index trims losses after U.S. PPI data

NEW YORK, Feb 14 (Reuters) - The dollar on Tuesday reduced its earlier decline against a basket of currencies as data that showed a stronger-than-forecast rise in U.S. producer prices in January supported the view of a pickup in domestic inflation.

The dollar index which measures the greenback’s value versus six major currencies was last down 0.1 percent at 100.86. It reached a session low of 100.70 earlier Tuesday.

Reporting by Richard Leong

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