• The dollar trimmed a mild session gain after back to back days of tepid U.S. data argued for a later rather than sooner interest rate hike by the Fed. 
  
  
• A day after retail sales fell, wholesale inflation fell 0.6 percent annually in Feb versus forecasts of a flat reading of zero. Core prices eased to a 1 percent increase from a 1.6 percent gain in Jan. The dollar remains at fantastic levels for U.S. importers who should seek to lock in the more affordable market with forwards or options. 
  
  
• The dollar could be prone to drift lower today on profit taking after a dramatic week of appreciation. Next up: a steady dose of U.S. data next week on manufacturing and housing, and the all-important Fed decision on March 18.