Dollar Edges Down From 13-Month High Ahead of CPI Data By Investing.com – Investing.com

Dollar Edges Down From 13-Month High Ahead of CPI Data By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- The dollar weakened in early trade in Europe on Wednesday as markets regained their appetite for risk a little ahead of key inflation data later in the session.

By 3 AM ET (0700 GMT), the that measures the greenback against a basket of advanced economy currencies was down 0.2% at 94.362, only a little off the 13-month high it posted earlier in the week. was flat at 113.58. The dollar was also flat against the , in the absence of major news out of China overnight.