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The German dollar's decline was halted by a surprising jump in inflation

Published On 09 Jan 2023 08:46 AM


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After a surprising slowdown in German inflation boosted bunds and sent the common currency falling, the euro nursed losses on Wednesday and has helped the dollar make a good start to 2023. After falling 1% overnight, the euro continued to trade at three-week lows at $1.0550 at the start of the Asia trading session. This was the biggest drop in the euro in more than two months. The combination of a worried market and this action provided the do....


Tags : German dollar, decline, halted, surprising jump, inflation,
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