Dollar Steadies with Trade Talks in Frame After Sliding on Cooler US Inflation

FOREX - TOKYO. The U.S. dollar stabilised on Wednesday following its biggest decline in more than three weeks overnight, with softer-than-expected U.S. consumer inflation data bolstering the case for Federal Reserve easing just as global trade tensions cool.

The Labor Department said the consumer price index increased 0.2% last month, below expectations of economists polled by Reuters for a 0.3% gain, after dipping 0.1% in March.