(Reuters) The dollar fell against most major currencies on Tuesday after U.S. inflation data for February came in line with expectations, suggesting the Federal Reserve remained on track to raise interest rates at a gradual pace.
Investors were bracing for a breakout number in U.S inflation after a strong figure the previous month and when that did not happen, the dollar pared some of its gains against the
yen and fell versus the euro, said John Doyle, director of markets at Monex Consulting in Washington.
