Dollar edges up vs yen, steady vs euro on US data

The dollar pared losses against the yen but remained lower against the euro on Wednesday after data showed a slight rise in U.S. consumer prices and improvement in northeastern manufacturing activity.

Both reports added slightly to the more optimistic tone in the market, driven partly by better-than-expected U.S. corporate earnings results so far this week.

The dollar edged up to 93.60 yen JPY= from around 93.40 yen before the data, while the euro was steady around $1.4080 EUR=, up about 0.8 percent from late Tuesday.