NEW YORK, Oct 14 (AFP) — The dollar tumbled Friday as data that showed tame US core inflation and disappointing consumer confidence suggested less aggressive moves by the US Federal Reserve on interest rates.
The euro rose to 1.2070 dollars at 2100 GMT from 1.2020 late Thursday in New York.
The dollar was meanwhile trading at 114.08 yen after 114.55.
In late New York trade, the dollar stood at 1.2851 Swiss francs from 1.2891 Thursday.
The pound was being traded at 1.7680 dollars from 1.7573 on Thursday.
While the latest report on inflation provided conflicting signals, the market viewed the report as largely tame.
The main consumer price index surged 1.2 percent in September, the steepest in 25 years, on a huge jump in energy costs. But the core rate, preferred by many economists, which excludes food and energy, increased just 0.1 percent rather than 0.2 percent as expected on the market.
