The dollar was trading at 106.72 yen late morning in Tokyo, down 0.20 yen from late Wednesday and below the 106.82 yen it bought in New York later that day. The euro rose to $1.3107 late Thursday morning from $1.3040 late Wednesday and to 139.98 yen from 139.50 yen. The British pound rose a bit to $1.9190 from $1.9183. The dollar also slipped to 1.1778 Swiss francs from 1.1822 and to 1.2395 Canadian dollars from 1.2414. The Labor Department said last month's increase in the Consumer Price Index, the most closely watched inflation gauge, followed a 0.4 percent rise in February and left consumer inflation rising at an annual rate of 4.3 percent in the first three months of this year. The dollar plunged last year on worries about the massive U.S. trade and budget deficits, but it rebounded earlier this year. In recent weeks, the dollar has gained on prospects for rising U.S. interest rates, which make the dollar more attractive for investors. But it's unclear if such bullish sentiments are lasting.