Aussie adds since inflation gains and; Euro weakens

The Aussie jumped to a one-week high when a government report indicated inflation gained faster then the forecast of economists, boosting the central bank to hold back from interest rates cutting. The Euro slid the most in two months versus the Dollar amid speculation the European Central Bank will slide interest rates. The Australian Dollar added 0.7% to 88.70 U.S. cents after reaching to 87.57 U.S cents, the lowest level since July 2010, while the Euro almost unchanged at $1.3556 after falling to $1.3508 on January 20, the weakest since November 25.