The dollar was on track to finish higher against a basket of rivals for a third session Tuesday, as investors were cautious ahead of what many expect to be a volatile session Wednesday.A reading on U.S. consumer-price inflation in July is expected then, along with minutes from the July meeting of Federal Reserve policy makers. In Europe, meanwhile, investors are anxious to see whether the German parliament will support a third bailout package for Greece.
The ICE U.S. Dollar index DXY, -0.14% a measure of the dollar’s strength against a basket of six rivals, was up 0.2% to 96.9600. The index had traded above the 98 level as recently as a week and a half ago.
Elsewhere, the euro EURUSD, +0.2086% fell 0.4% to $1.1030; the dollar USDJPY, -0.07% was little changed versus the yen at ¥124.43; and the British pound GBPUSD, +0.0766% rose 0.6% to $1.5682 after official data showed that the U.K. consumer-prices index rose 0.1% in July. By comparison, the index was flat in June.
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