Inflation data lowers dollar prices, and fixing interest rates raises the euro

Undo The dollar against major currencies today, Thursday, after the release of data showing a less than expected rise The euro rose slightly after the European Central Bank’s decision to keep interest rates unchanged, while expressing a more optimistic view towards the euro zone economy, which has shown strength in the face of global trade shocks.
The euro rose 0.12% to $1.1753.
The dollar index, which measures the dollar’s performance against a basket of major currencies that includes the yen and the euro, fell 0.15% to 98.22.

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