U.S. dollar rebounds as wholesale inflation sours sentiment

NEW YORK, May 11 (Xinhua) -- The U.S. dollar firmed up in late trading on Thursday, as investors digested the latest U.S. wholesale inflation data and the Federal Deposit Insurance Corporation's (FDIC) proposal to levy big banks to replenish the deposit insurance fund.

The dollar index, which measures the greenback against six major peers, increased 0.56 percent at 102.0525 in late trading.

In late New Yo