The dollar slid Tuesday after a drop in US inflation dented expectations of an interest rate hike later this month. Earlier Tuesday, the market saw a roughly 40 percent probability of a US interest rate hike this month, but that fell to 13 percent after the CPI data was published.

NEW YORK, July 13 : The dollar clung to modest gains on Monday, underpinned by escalating hostilities in the Gulf and hawkish comments from a Federal Reserve governor ahead of the…

LONDON, July 14 : The dollar remained in sight of 13-month highs on Tuesday ahead of U.S. inflation data, which will come under extra scrutiny as Middle East tensions boost oil…