Market News
Euro gains after German fiscal deal; dollar underpinned by government shutdown likely averted - REUTERS
By Chibuike Oguh and Yadarisa Shabong
Summary
- Dollar extends gains after inflation expectations pick up
- Yen softens after wage talks as market weighs BOJ rate hike timing
- Sterling weakens after UK GDP unexpectedly contracts in January
NEW YORK, March 14 (Reuters) - The euro gained broadly on Friday after German parties agreed on a fiscal deal that could boost defence spending and revive growth in Europe's largest economy.
The dollar weakened against the euro but rose against the Swiss franc and the yen, underpinned by the likelihood the U.S. government will avert a shutdown over the weekend, extending gains as data showed inflation expectations picked up, suggesting
