The dollar rose on Thursday after a report showing a rise in U.S. producer prices in September helped shake off some weakness caused by Wednesday's release of U.S. Federal Reserve meeting minutes that highlighted policymakers' more cautious outlook toward inflation.
The dollar index, which tracks the greenback against six major currencies, was up 0.04 percent at 93.06. The index was on pace to snap a four-day losing streak, the longest such stretch in about three months.
"The minutes were a bit on the dovish side in the sense that a lot of the conversation piece was around inflation and inflationary pressure or lack thereof," said Minh Trang, senior currency trader at Silicon Valley Bank in Santa Clara, California.
The minutes from the last Fed meeting showed many policymakers still felt that another rate increase this year "was likely to be warranted," but several said additional tightening depended on upcoming inflation data.