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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 marketwatch.com. 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.
 
Source: marketwatch.com



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