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FOREX-Dollar falls versus euro after US CPI data

Published 11/17/2010, 08:42 AM
Updated 11/17/2010, 08:44 AM

NEW YORK, Nov 17 (Reuters) - The dollar fell against the euro on Wednesday after a government report showed U.S. consumer prices rose less than expected in October and the increase in the year-on-year core rate was the smallest on record, seen as further supporting the Federal Reserve's decision to ease monetary policy.

The euro rose to $1.3507, from $1.3496 before the data's release. Against the yen, the dollar fell to 83.30 from 83.38 previously. (Reporting by Nick Olivari. Editing by W Simon )

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