LONDON—The euro fell on Thursday after eurozone inflation eased by more than forecast this month, fuelling bets of early European Central Bank rate cuts, while the dollar rose from a three-month low but was still set for its biggest monthly drop in a year.
Consumer price growth in the 20 nations that share the euro currency dropped to 2.4 percent in November from 2.9 percent in October, well below expectations for a fall to 2.7 percent.
