市場快報

US dollar heads for biggest weekly drop since November

Figures showing US inflation is slowing have knocked currency
Europe’s region-wide Stoxx 600 declined, having risen for five consecutive sessions

The dollar steadied on Friday following a string of declines, but remained on course for its worst week since November after lower than expected US inflation caused traders to rein in their bets on further interest rate rises from the Federal Reserve.

European stocks dipped on Friday following muted gains in Asia, as traders looked ahead to a blockbuster day of US bank earnings that will reveal the extent to which lenders have benefited from rising rates.

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