The consumer-price index, a widely watched gauge of inflation pressures in the U.S., rose 0.4% in April as gasoline prices surged. Economists polled by MarketWatch had expected a gain of 0.3%. Other than a tick lower in March, key inflation indicators have risen so far this year as oil prices CLM6, +0.25% have climbed.
The ICE U.S. Dollar index DXY, +0.18% a measure of the greenback’s strength against a basket of rivals, was flat at 94.5580 in recent trade.
One euro EURUSD, -0.2121% bought $1.1318 late Tuesday in New York, compared with $1.1316 late Monday in New York. The dollar USDJPY, +0.14% traded at ¥109.10 late Tuesday, compared with ¥109.07 late Monday.
Meanwhile, the pound GBPUSD, -0.1659% rose to $1.4456 late Tuesday, up from $1.4427 late Monday, after a recent poll suggested that support for a U.K. exit from the European Union has waned recently.
The Australian dollar AUDUSD, -0.4642% traded at 73.24 U.S. cents late Tuesday, compared with 72.87 cents late Monday in New York.
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