Dollars & Euro- 20-Year High

The dollar soared to a new 20-year high against a basket currency and the euro fell below parity.

After data released Wednesday showing that U.S. consumer prices inflation rose to a 40-1/2 year high.

Dollars & Euro- Data Released

This morning's number was staggeringly high. It is higher than anticipated and indicates that inflation is moving.

Dollars & Euro- Morning Numbers

Consumer price index rose 1.3% last month, as gasoline and food prices remained high.

Dollars & Euro- Consumer Price Index

The consumer price index rose 1.3% last month, as gasoline and food prices remained high.

Dollars & Euro- Gasoline & Food Price

The euro fell to $0.9998 against the greenback before rebounding to the last trade at $1.0024.

Dollars & Euro- Rebounding Or

On the other side, the dollar continues to rise as the U.S. economy improves. The dollar continues to rise.

Dollars & Euro- US Economy Improves

The U.S. dollar index rose to 16% on Monday. This is despite higher inflation rates and lower domestic buying power.

Dollars & Euro- Higher Inflation Rates

Image Source-Politico.eu, Quartz

Dow Jones has been adversely affected by the data of inflation released by the officials of US Departments.

Dow Jones Stocks Affected by Inflation