2023-03-14 11:10:45 ET
- The U.S. Dollar index ( DXY ) is in the green on Tuesday after the latest consumer price index data showed inflation moving downwards.
- Annual consumer price growth slowed to 6%, in-line economists' estimates and the lowest level since September 2021.
- The dollar was trending lower ahead of the CPI report, but has made advances since market open.
- The U.S. Dollar Index, which measures the greenback against a basket of currencies, stands at $103.78 on Tuesday, down -1.7% from a week ago and +5.2% from March 2022, although well below the 52-week high of $114.78 reached in September.
- Related tickers: DB US Dollar Index Bearish Trust ( UDN ), WisdomTree Bloomberg U.S. Dollar Bullish Fund ( USDU ), Invesco CurrencyShares Australian Dollar Trust ETF ( FXA ), WisdomTree Chinese Yuan ETF ( CYB ).
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U.S. Dollar edges up after latest inflation data