But the prospect of an end to rising borrowing costs, in the United States at least, kept downward pressure on the, which fell to its lowest in more than a year against the euro on Wednesday on the U.S. inflation news.
was up 0.4% at 691 points, around the highs for the year, to gain 13.5% so far in 2023, though still not wiping out all of the near 20% loss in 2022. Eren Osman, managing director of wealth management at Arbuthnot Latham & Co, said the U.S. inflation news was encouraging, though markets will be scrutinising the U.S. jobs data later on Thursday for signs of continued softening to underpin the disinflation story.
France Dernières Nouvelles, France Actualités
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