Aug 12 : The dollar gained on Wednesday after U.S. consumer price inflation matched economists' expectations in July, even as traders pushed back expectations on when the Federal Reserve is likely to hike rates. In the 12 months through July, the CPI advanced 3.4 per cent after rising 3.5 per cent in June. Co
Dollar gains, yen slips as US CPI meets expectations
An employee holds U.S. dollar bank notes at a money changer in Jakarta, Indonesia, April 9, 2025. REUTERS/Willy Kurniawan
12 Aug 2026 04:03PM (Updated: 13 Aug 2026 02:59AM)
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