Market News
Soft German inflation data helps dollar gain on European currencies - REUTERS
By Gregor Hunter and Alun John
Summary
- Demand for safe haven assets cools after geopolitical tensions
- Fed's Kashkari warns of risks to labour market, fuelling rate cut expectations
- Aussie dollar hits over one year high
SINGAPORE/LONDON, Jan 6 (Reuters) - The U.S. dollar nudged higher against European peers on Tuesday, with the euro weighed down by softer inflation data, but moves were fairly muted with commodity and stock markets drawing most of the day's attention.
The euro was last down 0.2% at $1.1699, giving back early small gains after data showed inflation slowed more than expected in Germany and France in Decem




