LONDON/TOKYO – The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than expected and China's recovery is sputtering. The euro was last down 0.67 percent at $1.066, the lowest since March 20. That helped the dollar index, which measures the greenback against six major peers, climb 0.51 percent to 104.6, its highest since March 16. Data on Wednesday showed that inflation in France and some of Germany's biggest states is slowing quickly.

https://business.inquirer.net/403558/dollar-hits-more-than-two-month-high-as-european-inflation-cools

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