Dollar rises against rivals after wholesale prices

April 11, 2014

San Francisco (Apr 11)   The dollar rose against several rivals Friday after wholesale prices rose by more than expected last month. Wholesale prices increased by a seasonally adjusted 0.5% in March, versus expectations of a 0.1% gain. The euro /quotes/zigman/4867933/realtime/sampled EURUSD +0.07% fell to $1.3869 from $1.3886 late Thursday, and the British pound /quotes/zigman/4867886/realtime/sampled GBPUSD -0.24% fell to $1.6730 from $1.6784. The ICE dollar index /quotes/zigman/1652083/realtime DXY +0.02% , a gauge of the dollar's strength against six rivals, rose to 79.536 from 79.411 late in the prior session.

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