Euro falls on data showing eurozone deflation
The euro fell against the dollar and other major currencies Wednesday as weak European inflation data lifted speculation of more monetary stimulus from the European Central Bank.
(AFP) The euro fell against the dollar and other major currencies Wednesday as weak European inflation data lifted speculation of more monetary stimulus from the European Central Bank.
Official data showed eurozone inflation unexpectedly fell to a negative 0.1 percent in September, suggesting a dangerous spell of falling prices could be returning to Europe.
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