FOREX-Dollar edges higher as traders await U.S. inflation report ...Middle East

The safe-haven dollar edged higher on Tuesday, erasing earlier losses as risk appetite dwindled ahead of key inflation figures that could offer clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September. The dollar index, which measures the currency's value against a basket of peers, was up 0.047% at 106.38 at 3:15 p.m. Eastern time (1915 GMT).

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