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BUZZ-COMMENT-US recap: EUR/USD impervious to US inflation, as ECB and Fed stall

Jun 10, 2021 - Nasdaq

June 10 (Reuters) - The dollar fell against most major currencies on Thursday and surrendered brief gains against the euro after above-forecast U.S. inflation and falling jobless claims failed to convince markets that the Fed would hasten plans to reduce monetary accommodation.

Weighing on the U.S. currency, 10-year Treasury yields lost initial gains on the data and then fell nearly 7 basis points from session highs to trade slightly below the spike low of 1.469% hit on May 7, which had be...