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    Dollar little changed after US data while waiting for Fed minutes

    The dollar was little changed against the rest of the major currencies on Wednesday, after the publication of mixed U.S. economic reports as markets turned their attention to the minutes of the Federal Reserve’s most recent policy meeting due later in the day. 

    The official data showed that producer price inflation in the U.S. unexpectedly rose in January, while core prices also increased more than estimated. 

    The single currency edged down 0.14% against the dollar, with EUR/USD to trade at 1.1128. 

    Elsewhere, the dollar stabilized against the pound, with GBP/USD at 1.4297 and was higher against the Swiss franc, with USD/CHF gaining 0.39% to 0.9926.

    Meanwhile, the dollar rose 0.30% against the Japanese yen, with USD/JPY to trade at 114.41.

    The Australian and New Zealand dollars were stronger, with AUD/USD up 0.45% at 0.7143 and with NZD/USD gaining 0.36% to 0.6603.

    The US dollar retreated 0.83% against its Canadian counterpart, with USD/CAD to trade at 1.3750, as a rebound in oil prices lent support to the commodity-related loonie.

    The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 96.95.

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