Forex Top Story

Dollar Turns In Subdued Performance Against Major Counterparts

The U.S. dollar turned in a subdued performance against its major rivals on Tuesday after data showing a drop in U.S. consumer prices supported expectations for a smaller rate hike by the Federal Reserve this month.

Data from the Labor Department this morning showed consumer price index rose by 0.4% in February after climbing by 0.5% in January.

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by RTTNews Staff Writer

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