Dollar Slips Ahead of US Inflation Data

Dollar Slips Ahead of US Inflation Data
U.S. Dollar banknote is seen in this illustration taken on July 17, 2022. Dado Ruvic/Illustration/Reuters
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SINGAPORE/LONDON—The dollar dipped on Wednesday with investors expecting U.S. inflation data out later in the day to hold some clues on how soon U.S. interest rates will peak.

Against a basket of currencies, the U.S. dollar index fell 0.1 percent to 102.02.