EUR FX
Asian share markets slumped on Thursday and European stocks were poised for a lower open after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation.
The dollar trod water against major peers on Wednesday after weakening in the past three days, and traded near a one-month low to the yen, with investors awaiting U.S. inflation data for a clue to when the Federal Reserve might raise interest rates. The safe-haven yen also benefited from global stocks retreating from a record peak as rising oil prices stoked inflation worries.
