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Dollar wobbles in mixed trade ahead of inflation snapshot

“The WSJ Dollar index BUXX, +0.04% which measures the buck against a wider range of currencies, was just in positive territory, at 86.44” writes Rachel Koning Beals for The U.S. dollar traded mixed against major rivals on Thursday, with the leading index a touch higher, ahead of inflation data that could bolster market expectations for a gradual tightening of U.S. interest rates.The dollar slipped against its Japanese counterpart USDJPY, -0.21%  with the dollar buying ¥112.26, compared with ¥112.49 late Wednesday.They showed consensus gelling around one more rate increase this year, a view that is tempered by concerns about sluggish inflation.Against the Mexican peso USDMXN, +0.1807% the dollar gained to 18.7339 pesos, compared with 18.7091 late Wednesday.

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