U.S. dollar softens ahead of key U.S. inflation readings

NEW YORK, July 10 (Xinhua) -- The U.S. dollar weakened on Monday as investors looked ahead to a key U.S. inflation report.

The dollar index, which measures the greenback against six major peers, fell 0.30 percent to 101.9780 in late trading.

Markets are eagerly awaiting key U.S. inflation prints later this week, with the core consumer price index (CPI) remaining persistently high to date.

Market an