EUR/USD breakout hopes boosted as EZ inflation hits highest since 2012

The euro was again the strongest currency among the majors this morning, rising most notably against the yen after the Bank of Japan delivered what turned out to be a rather dovish policy statement. The single currency has found support on the back of Eurozone data, which showed headline consumer price inflation rose in July at its fasted pace since 2012.

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From:: Resource Investor