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Euro weakened broadly today, weighed down by growing recession concerns in Germany. The Eurozone’s largest economy confirmed -0.1% contraction in GDP in Q2. Consumer sentiment showing deeper-than-expected deterioration, particularly in economic expectations. This decline follows weak Ifo business climate released yesterday. The string of negative data points suggests that any economic recovery may be further […]

The post Euro Slips as German Recession Fears Mount, Aussie Awaits CPI appeared first on Action Forex.

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Dollar Firm Ahead of ISM Manufacturing; Swiss GDP and CPI Also in Spotlight
03/09/2024

Dollar Firm Ahead of ISM Manufacturing; Swiss GDP and CPI Also in Spotlight

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