The dollar edged higher against the euro Friday after U.S. core consumer prices recorded the largest monthly gain since August 2011.U.S. core prices, a measure of inflation that excludes food and energy, jumped 0.3%, driven by rising medical care and housing costs.
EUR/USD ; DAILY CHART
The shared currency has steadily declined against the buck so far this week, trimming gains made earlier in the month.
Price rate – 1.11051
GBP/USD ; DAILY CHART
Negotiations between U.K. Prime Minister David Cameron and other European Union heads of state about the U.K.’s future in the EU appeared to reach an impasse, weighing on the U.K. currency.
Price rate – 1.42668