MW: Dollar extends losses after consumer-price data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar extended losses versus major counterparts on Friday after a report showed consumer prices rose 0.2% last month, less than economists expected. Core prices, excluding food and energy, unexpectedly fell 0.1%. The dollar index (DXY 81.07, +0.67, +0.83%) , which measures the U.S. unit against a trade-weighted basket of six major currencies, fell to 81.002 from 81.151 late Thursday after the Federal Reserve surprised markets by raising its discount rate. The euro rose to $1.3526, compared to $1.3527 late Thursday.
