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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe European currency regained its breath on Monday, February 27, 2023. However, with inflation persisting in the United States boosting the greenback, the euro is threatening to fall back below $1.05.
While stabilizing against the dollar, the euro was approaching its lowest point of the year. Around 10:00 GMT (11:00 CET) the euro reached 0.03% at $1,0551, after falling to $1.0533, the lowest since early January. The last element to have supported the dollar, PCE inflation, the index favoured by the US Federal Reserve (Fed) published on Friday, reached 5.4% over one year in the United States in January, up from the previous month.
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