Dollar Stays Firm After U.S. Inflation Tops Forecast
The dollar remained elevated after reaching a near two-week high against a basket of currencies Tuesday. U.S. consumer prices rose 0.4% in October from the prior month, above economists’ 0.3% forecast in a WSJ survey.
The dollar remains elevated after reaching a near two-week high against a basket of currencies on Tuesday following higher-than-anticipated U.S. inflation data. Consumer prices rose 0.4% in October compared with the prior month, above the 0.3% forecast by economists in a WSJ survey. Core inflation…