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Don’t miss the latest developments in business and finance.
Euro hits 10-month-high on dollar as central banks chart divergent courses
The euro sat at a 10-month high against the dollar on Thursday, ahead of a European Central Bank meeting
Euro zone GDP shrinks less than expected in Q1, April inflation rises
The core inflation drop reinforces calls by European Central Bank doves to maintain the stimulus to the economy
Euro zone inflation slows by more than expected in May
Inflation measure excludes volatile energy and unprocessed food prices also fell to 1% from 1.2%