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NEW YORK (AP) - The dollar rose against the euro and the pound Wednesday after a government report showed U.S. consumer prices rose more than economists expected in January and the release of Federal Reserve January meeting minutes hinted at future rate hikes.
The 15-nation euro fell to $1.4717 from $1.4732 late Tuesday in New York.
The drop came after the morning release of Labor Department data showing the closely watched Consumer Price Index posted a gain of 0.4 percent last month, matching the December increase and higher than economists had expected.
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