Dollar falls as Europe inflation cools and China lifts the Aussie

World
04-01-2023 | 06:24
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Dollar falls as Europe inflation cools and China lifts the Aussie
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Dollar falls as Europe inflation cools and China lifts the Aussie
The dollar fell broadly on Wednesday, losing out to commodities currencies like the Australian dollar and against the euro, which got a lift from a raft of data that suggested European inflation may finally have peaked.

The dollar was already under pressure from investors who have grown more optimistic over the prospect that China's relaxation of tough COVID restrictions will breathe life into the world's second largest economy.
 
 
REUTERS
 

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