# Dollar falls as markets consolidate gains; up vs yen ahead of inflation data | Reuters

> The dollar fell on February 13 after its strong rally the prior week, weighed down by firmer stocks and lower long-dated Treasury yields. Investors consolidated positions ahead of the U.S. consumer price index release.

- Date: 2023-02-13 · published 2023-02-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37525-dollar-falls-as-markets-consolidate-gains-up-vs-yen-ahead-of-inflation-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar and lower yields reduce the cost of holding commodities and modestly support dollar-denominated grain and meal prices.

## Read by commodity

- DXY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-hangs-near-5-week-high-inflation-data-looms-yen-slips-2023-02-13/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.