U.S. dollar edges down following CPI data

 U.S. dollar edges down following CPI data

NEW YORK, Sept. 14 (Xinhua) — The U.S. dollar inched lower in late trading on Tuesday as market participants digested the August consumer price index (CPI) report.

The dollar index, which measures the greenback against six major peers, fell 0.05 percent at 92.6265.

In late New York trading, the euro increased to 1.1807 U.S. dollars from 1.1803 dollars in the previous session, and the British pound fell to 1.3814 dollars from 1.3831 U.S. dollars in the previous session. The Australian dollar decreased to 0.7318 U.S. dollar from 0.7360 dollar.

The U.S. dollar bought 109.61 Japanese yen, lower than 110.00 Japanese yen of the previous session. The U.S. dollar decreased to 0.9193 Swiss franc from 0.9228 Swiss franc, and it was up to 1.2686 Canadian dollars from 1.2667 Canadian dollars.

On the economic front, the U.S. Bureau of Labor Statistics reported Tuesday that the country’s CPI rose 0.3 percent in August for a 5.3-percent…

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