Dollar Drops Further Following U.S. CPI

Following the release of U.S. CPI for July at 8.30 am ET Wednesday, the greenback declined further against its major counterparts.

The greenback was trading at 132.99 against the yen, 1.0312 against the euro, 1.2217 against the pound and 0.9422 against the franc around 8:32 am ET.

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