The U.S. dollar edged lower Thursday, with a key gauge of the currency’s performance versus major rivals braced for a second straight loss, after April consumer-price inflation data came in weaker-than-expected.
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What are currencies doing?
The ICE U.S. Dollar Index DXY, -0.48% which measures the buck against a half-dozen counterparts, was down 0.4% at 92.668, and pulling further pulling away from a four-month high reached on Tuesday.
The broader WSJ Dollar Index BUXX, -0.48% which tracks the U.S. unit’s strength against 16 currencies, shed 0.5% to 86.22.
The British pound GBPUSD, -0.2215% bought $1.3518, slipping from $1.3547 late Wednesday in New York.
The euro EURUSD, +0.5990% changed hands at $1.1927, up from $1.1853 late in the previous session. The greenback was weaker against the Japanese yen USDJPY, -0.30% buying ¥109.39 versus ¥109.74 late Wednesday. ...