FOREX-Dollar index trims fall after U.S. May PPI data

Reuters

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    NEW YORK, June 13 (Reuters) - The dollar briefly pared
earlier losses against a basket of currencies on Wednesday as a
stronger-than-forecast increase in domestic producer prices in
May reinforced traders' expectations of further interest rate
hikes from the Federal Reserve.  urn:newsml:reuters.com:*:nLNSDHEEEN
    At 8:37 a.m. (1237 GMT), the index that tracks the greenback
versus a group of six currencies  .DXY  was down 0.03 percent at
93.771. 

 (Reporting by Richard Leong
Editing by Chizu Nomiyama)
 ((richard.leong@thomsonreuters.com; +1 646 223 6313; Reuters
Messaging: richard.leong.thomsonreuters.com@thomsonreuters.net;
Twitter @RichardLeong2))

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