2024-09-27 21:58
IndustryFOREX-German data fails to lift euro from 1-week l
By Abhinav Ramnarayan and Saikat Chatterjee
LONDON, May 15 (Reuters) - The euro held at a one-week low
on Wednesday, ignoring data from Germany that showed the economy
returned to growth in the first quarter, as trade tensions
between the world's two biggest economies cast a shadow over
risk appetite.
The single currency has been caught in the cross-currents of
an escalating dispute between Washington and Beijing since last
week, unable to conclusively rise above the $1.1250 level.
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FOREX-German data fails to lift euro from 1-week l
| 2024-09-27 21:58By Abhinav Ramnarayan and Saikat Chatterjee
LONDON, May 15 (Reuters) - The euro held at a one-week low
on Wednesday, ignoring data from Germany that showed the economy
returned to growth in the first quarter, as trade tensions
between the world's two biggest economies cast a shadow over
risk appetite.
The single currency has been caught in the cross-currents of
an escalating dispute between Washington and Beijing since last
week, unable to conclusively rise above the $1.1250 level.
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