Dollar deepens dive on inflation surprise

News Snapshot:

Summary Dollar battered on expectation U.S. rates peak in July Euro, yen, Aussie, kiwi, sterling and franc edge to new highs Dollar index below 100.5, lowest since April 2022 SINGAPORE, July 13 (Reuters) - A sliding dollar was pushed lower still in Asia on Thursday, as traders took surprisingly slow U.S. inflation as a signal U.S. interest rate rises will be all but finished by month's end. The dollar has been steadily slipping for about six weeks, but had its worst session in five months on Wednesday - falling more than 1% against the euro to its lowest in more...