Forex Top Story

Dollar Loses Ground Against Most Major Currencies

The U.S. dollar was weak against the Japanese Yen and the Euro on Tuesday, even as it stayed firm against the British Pound.

Although the U.S. consumer price index rose in February, rising for the first time since November, the pace of increase was very modest and in line with expectations. The slow pace of rise in inflation justified the Federal Reserve's latest stance on interest rates.

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by RTTNews Staff Writer

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