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Dollar+advances+as+US+inflation+creeps+up
Thursday, 23 October 2014 - 13:04
Dollar advances as US inflation creeps up
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The dollar gained against other major currencies after a slight but unexpected rise in US inflation, while the market continued to speculate about eurozone monetary policy.

US consumer prices rose slightly in September, with the consumer price index up 0.1 per cent.

Analysts had expected prices to remain unchanged from August, when they fell 0.2 per cent for the first time in a year and a half.

Excluding food and energy, prices still rose 0.1 per cent in September.

 
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