April 10, 2019 / 12:57 PM / 12 days ago

Dollar index stays lower after U.S. March CPI data

FILE PHOTO: U.S. dollar banknote is seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

NEW YORK (Reuters) - The dollar held marginally lower versus a basket of currencies on Wednesday as a somewhat mixed report on domestic consumer prices reinforced the notion that underlying U.S. inflation remains tame and the Federal Reserve would keep rates on hold.

At 8:44 a.m. (1244 GMT), an index that tracks the greenback versus the euro, yen, sterling and three other currencies was 0.05% lower at 96.962. On Tuesday, the ICE dollar index fell to 96.858, the lowest level in eight trading sessions.

Reporting by Richard Leong

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