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U.S. dollar steady ahead of inflation data
Last Updated: 2017-09-13 16:16 | Xinhua
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The U.S. dollar tried to hold gains on Tuesday, as investors awaited U.S. inflation data that could influence the timing of next Fed rate hike.

Investors shifted their focus to Consumer Price Index (CPI) due on Thursday. The data could affect Fed officials' decision on U.S. monetary policy.

Expectations for tighter monetary policy in the United States have been dampened recently. Market expectations for a rate hike in December are 41.1 percent, according to the CME Group's FedWatch tool. Meanwhile, the number of job openings was little changed at 6.2 million on the last business day of July, the U.S. Labor Department said Tuesday in a report.

Over the month, hires and separations were also little changed at 5.5 million and 5.3 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.2 percent and 1.2 percent, respectively, according to the report.

Analysts said the figure suggested employers were having trouble finding applicants with the right skills.

In late New York trading, the euro increased to 1.1967 dollars from 1.1965 dollars in the previous session, and the British pound increased to 1.3289 dollars from 1.3173 U.S. dollars in the previous session. The Australian dollar decreased to 0.8026 dollar from 0.8030 dollar.

The dollar bought 110.03 Japanese yen, higher than 109.32 yen of the previous session. The U.S. dollar rose to 0.9599 Swiss franc from 0.9540 Swiss franc, and it was up to 1.2166 Canadian dollars from 1.2118 Canadian dollars.

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