Dollar hits more than two-month high as European inflation cools

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 … Continue reading Dollar hits more than two-month high as European inflation cools