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Euro at 4-year peak against US dollar as euro inflation hits ECB's target
The euro increased to its highest since 2021 against the US dollar on Tuesday after annual inflation in the eurozone hit the European Central Bank (ECB)'s target of 2%. The currency was up 0.1% against the dollar to 1.1821 as of 0930GMT, the highest since August 2021.
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Inflation fell in three important German states in June, preliminary data showed on Monday, suggesting the country's national ...
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