The US dollar is falling after US inflation data

The US dollar fell against the major currencies today after US inflation data, as the main dollar index, which measures the performance of the US currency against 6 major currencies, fell 0.029% to 103.890.

The euro fell against the US dollar by 0.07% to $ 1.052, the Japanese yen rose against the US dollar by 0.48% to 129.79, and the pound sterling reached 1.2258 dollars. Atlanta Fed President Rafael Bostic said rising interest rates on mortgages, US Treasuries and other credit instruments show that the central bank still has credibility in its attempts to thwart rising inflation.