Market News
Euro dips and dollar ticks higher with inflation, tariffs in focus - REUTERS
By Harry Robertson and Tom Westbrook
LONDON/SINGAPORE, March 28 (Reuters) - The euro fell slightly 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.
Data showed inflation in France and Spain was cooler than analysts expected in March, causing traders to increase their bets on further European Central Bank rate cuts. Separate figures showed French consumer spending fell, and Germany's unemployment rate ticked higher.
U.S. stocks ended lower on Thursday, with the Dow and S&P 500 both dropping about a third of a percent, and the Nasdaq shedding more than half a percent.00:05
