(Bloomberg) -- The dollar gained against the euro
after a government report showed U.S. consumer prices rose last
month by more than analysts forecast, while housing starts
increased.
Traders bought the dollar as the report fed speculation the
Federal Reserve will refrain from reducing its 5.25 percent
benchmark interest rate this year.
Read more at Bloomberg Currencies News
after a government report showed U.S. consumer prices rose last
month by more than analysts forecast, while housing starts
increased.
Traders bought the dollar as the report fed speculation the
Federal Reserve will refrain from reducing its 5.25 percent
benchmark interest rate this year.
Read more at Bloomberg Currencies News
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