Economics

Euro Declines the Most Since July Amid ECB Inflation Concern

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The euro declined the most since July versus the dollar after European Central Bank President Mario Draghi said a strong currency could slow the region’s economic recovery, lifting bets the bank may lower interest rates.

The yen gained against the greenback for the first time in 13 weeks as the Bank of Japan governor said he will step down early, accelerating a transition that may aid the prime minister’s plan for monetary easing. The BOJ will meet on Feb.