Dollar climbs as central banks see inflation risks unwind

SINGAPORE – The euro and sterling slipped against the dollar on Friday as markets took a dovish cue from policymakers at the European Central Bank and the Bank of England, who said inflationary pressures in their economies have become more manageable.

Elsewhere, the greenback broadly advanced on the back of its Atlantic counterparts’ decline, reversing its losses earlier in the week.

The pound slid 0.15 percent to a more than two-week low of $1.2206 in early Asia trade, after falling 1.2 percent in the previous session, its largest daily decline in a month.

The euro was last 0.16 percent lower at $1.0893, after tumbling 0.7 percent on Thursday to move further away from its 10-mo…

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