The United States dollar rose compared to the euro and the British pound on Friday after the US annual inflation rate in May came in at the highest level since December 1981.
The figure likely reaffirmed the market sentiment that the Federal Reserve will stick to the plan on future interest rate increases it signaled recently.
The euro lost 0.79% against the dollar, going for 1.05338 at 9:15 am ET, while the British pound decreased by 0.80% against the greenback, trading at 1.23933 a minute later.
