Euro Trims Declines Against US Dollar After Spanish Inflation Surge

Euro Trims Declines Against US Dollar After Spanish Inflation Surge
A Euro banknote is displayed on U.S. Dollar banknotes in this illustration taken, on Feb. 14, 2022. Dado Ruvic/Illustration/Reuters
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LONDON—The euro steadied on Wednesday after falling to a six-day low, reacting to the release of conflicting inflation data in Germany and Spain that created a difficult backdrop for European Central Bank policymaking.

The European common single currency declined in early London trading after data showed June prices in the German state of North Rhine-Westphalia (NRW) had been 0.1 percent lower than in May.