Dollar falls to three-year low, euro rises to 3-1/2-year high
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币界网报道：[The dollar fell to a three-year low, and the euro rose to a three-and-a-half-year high] According to the Coinnet report, trade uncertainty and lower-than-expected U.S. inflation data on Wednesday jointly suppressed the dollar. The dollar extended its decline after breaking through a key level, and the dollar fell to a three-year low against a basket of currencies. European Central Bank Executive Board member Schnabel said that as inflation stabilized near the ECB's target, the (loose) monetary policy cycle "is about to end." The euro also rose against the dollar, rising to a three-and-a-half-year high.
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