Nigeria

2024-12-17 08:11

IndustryEUR/USD weakens as Eurozone PMI sinks into contrac
EUR/USD falls sharply to near 1.1100 on weak Eurozone preliminary Purchasing Managers’ Index data of September. ECB policymakers appear to be increasingly concerned about inflation remaining persistent. Markets expect the Fed to deliver a second consecutive 50 bps interest-rate cut in November.
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EUR/USD weakens as Eurozone PMI sinks into contrac
Nigeria | 2024-12-17 08:11
EUR/USD falls sharply to near 1.1100 on weak Eurozone preliminary Purchasing Managers’ Index data of September. ECB policymakers appear to be increasingly concerned about inflation remaining persistent. Markets expect the Fed to deliver a second consecutive 50 bps interest-rate cut in November.
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