(Adds comments, details. Changes byline, dateline, previous LONDON)
By Vivianne Rodrigues
NEW YORK, Feb 19 (Reuters) - The dollar briefly pared some of its gains versus the euro and the yen on Friday after a government report showed U.S. consumer prices rose less-than-expected in January.
Analysts said tame inflation supports the view benchmark interest rates in the U.S. will be low in the foreseeable future, weighing on the dollar.
"That type of data reinforces the outlook for low U.S. interest rates," said Joe Manimbo, a currency trader at Travelex Global Business Payments, in Washington D.C. "Consequently the dollar has pared some of its impressive overnight gains."
The euro was still down on the day, trading 0.6 percent lower at $1.3525, but up from $1.3515 before the release. The dollar was still 0.6 percent higher at 91.70 yen, but it traded at 91.84 yen prior to the data.
(Additional reporting by Wanfeng Zhou in New York) (Editing by Theodore d'Afflisio)