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Don’t miss the latest developments in business and finance.
German inflation surprise strengthens US dollar as euro nurse losses
The euro fell 1% overnight, its sharpest drop in more than two months, and it hovered near three-week lows at $1.0550 early in the Asia session
Inflation-averse Germans see fastest price rises in 4.5 years
Manufacturing was also reported as growing at the strongest rate since 2011