1st LD Writethru: U.S. dollar falls after positive euro zone data

The U.S. dollar lost against other currencies Tuesday after a better-than-expected inflation data of the euro zone.

Consumer prices in the 19 countries of Euro-area rose 0.3 percent year-on-year in April, beating market expectations of a 0. 2 percent increase, the European Union's statistics office Eurostat said on Tuesday.

The inflation rebound raised speculations whether the European Central Bank needs to continue with the bond buying program, called quantitative easing, until its scheduled end date of September 2016.

Traders were closely watching the Greek debt crisis, but there was no clear sign of progress.

In late New York trading, the euro gained to 1.1165 dollars from 1.0934 dollars of the previous session, and the British pound increased to 1.5352 dollars from 1.5203 dollars. The Australian dollar went up to 0.7775 dollars from 0.7605 dollars.

The dollar bought 124.06 Japanese yen, lower than 124.84 yen of the previous session. The dollar moved down to 0.9323 Swiss francs from 0.9456 Swiss francs, and it moved down to 1.2405 Canadian dollars from 1.2526 Canadian dollars. Endite