NEW YORK (MarketWatch) -- The dollar remained lower Wednesday after the U.S. government's consumer price index rose 0.4%, a little more than economists expected. The dollar index (DXY 76.38, -0.16, -0.21%) , a measure of the greenback against a trade-weighted basket of major currencies, fell to a fresh one-year low of 76.187 in overseas trade. It traded at 76.452 in recent action. Excluding food and energy, CPI rose 0.1%. Separately, the Commerce Department said the U.S. current account deficit narrowed to $98.8 billion in the second quarter, or 2.8% of gross domestic product. Still to come is data on industrial production, homebuilders' confidence and the Treasury's report on international capital inflows in July. The dollar fell about 0.6% versus the Japanese yen, attributed to remarks by Japan's new finance minister underscoring reluctance to intervene in currency markets to arrest the yen's rise.
