Euro clings to parity as markets await US inflation data - Sharjah24


7/12/2022 12:00:00 AM2 years 9 months ago
by Sharjah 24

Sharjah24 - Reuters: The euro hovered a whisker above parity on the dollar on Wednesday ahead of U.S. inflation data, with traders wary a sky-high reading could force it to lows not seen in decades.

The greenback was firm in Asia trade, with 50 basis point rate hikes in New Zealand and South Korea that came in as expected failing to offer much support to the kiwi or won.The euro languished at $1… [+622 chars]

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