NEW YORK, Sept. 29 (Xinhua) -- The U.S. dollar lost marginally in late trading on Friday, after softer-than-expected inflation data and encouraging consumer sentiment report.
The dollar index, which measures the greenback against six major peers, was down 0.10 percent to 106.1156 in late trading.
Inflation in the United States, as measured by the change in personal consumption expenditures (PCE) price index, rose to 3.5 percent on a yearly basis in August from 3.4 percent in July, the Bureau of Economic Analysis reported on Friday.
The annual core PCE, the Federal Reserve's preferred gauge of inflation, rose 3.9 percent in August, a slightly softer pace than the 4.3 percent increase in July.
The University of Michigan also released the final reading of the Michigan Consumer Sentiment report for September on Friday.
The report indicated that Consumer Sentiment Index declined from 69.5 in August to 68.1 in September, compared to analyst consensus of 67.7. The U.S. dollar climbed back above the 106.00 level after the report.
While in the eurozone, consumer prices rose at an annual rate of 4.3 percent this month, down from 5.2 percent in August, the European Commission's statistical arm reported on Friday.
Britain's economy in the three months to the end of June 2023 was 1.8 percent larger than in the final quarter of 2019, the last full quarter before the start of the COVID-19 pandemic, the Office for National Statistics said Friday.
In late New York trading, the euro increased to 1.0578 U.S. dollars from 1.0553 dollars in the previous session, and the British pound rose to 1.2206 U.S. dollars from 1.2196 dollars.
The U.S. dollar bought 149.4190 Japanese yen, higher than 149.2380 Japanese yen of the previous session. The U.S. dollar fell to 0.9154 Swiss francs from 0.9162 Swiss francs, and it increased to 1.3554 Canadian dollars from 1.3500 Canadian dollars. The U.S. dollar was down to 10.8972 Swedish krona from 10.9344 Swedish krona.
