U.S. dollar skids after inflation report

NEW YORK, Jan. 12 (Xinhua) -- The U.S. dollar fell sharply in late trading on Thursday after data showed signs of cooling in U.S. inflation.

The dollar index, which measures the greenback against six major peers, decreased 0.87 percent to 102.2910.

In late New York trading, the euro was up to 1.0851 U.S. dollars from 1.0764 dollars in the previous session, and the British pound increased to 1.2218 U.S. do