NEW YORK, Aug. 18 (Xinhua) — The U.S. dollar slided on Friday after euro space inflation confirmed marginal indicators of slowing.
The dollar index, which measures the buck in opposition to six main friends, was down 0.18 % to 103.3831 in late buying and selling.
According to a report revealed by the statistical workplace of the European Union early Friday, the euro space annual inflation fee was 5.3 % in July, down from 5.5 % in June. A 12 months earlier, the speed was 8.9 %. European Union annual inflation was 6.1 % in July this 12 months, down from 6.4 % in June. A 12 months earlier, the speed was 9.8 %.
The British Office for National Statistics mentioned Friday that British gross sales volumes at supermarkets fell 2.6 % in July after an increase in June, which was greater than economists anticipated. The expectation of upper British charges within the coming months is underpinning the British pound and is driving British authorities bond yields ever increased.
In late New York buying and selling, the euro rose to 1.0878 U.S. {dollars} from 1.0857 {dollars} within the earlier session, and the British pound rose to 1.2740 U.S. {dollars} from 1.2728 {dollars} within the earlier session.
The U.S. dollar purchased 145.2980 Japanese yen, decrease than 146.0890 Japanese yen of the earlier session. The U.S. dollar rose to 0.8824 Swiss francs from 0.8797 Swiss francs, and it decreased to 1.3545 Canadian {dollars} from 1.3546 Canadian {dollars}. The U.S. dollar was as much as 10.9709 Swedish krona from 10.9363 Swedish krona.