Euro dips and dollar ticks higher with inflation, tariffs in focus

Quick Summary:

LONDON :The euro slipped on Friday after European inflation data came in lower than expected and as a U.S.tariff deadline loomed, while the dollar ticked higher as investors waited for U.S.price figures later in the day.

Analysts polled by Reuters expect year-on-year inflation to have held steady at 2.5 per cent in February.

ET) will turn their attention to U.S.personal consumption expenditures index inflation data, the Federal Reserve's preferred price gauge.

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Category: EconomyBusiness

Markets: SingaporeFranceGermanyJapanSpain

Topics: Tariff Higher Cent Lower Investors Data European Dollar Tariffs Trump Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 20:00:24 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 27383474

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 8 minutes ago

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