Forex - First German inflation data presses euro low

A swing in sentiment against the euro dominated major currency markets for a second day on Thursday, weak initial readings of German regional inflation prodding the single currency back to nine-day lows against the dollar.
Dollar bulls are still recovering from the collapse in faith in the Trumpflation trade caused by last week's defeat for the White House on healthcare and the greenback was again struggling to make progress past 111 yen.
But against the euro it gained around 0.2 % in early deals in Europe, trading at $1.0737 after German state Saxony reported a slump in annual inflation to 1.8 % from 2.4 % a month ago.

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