Euro Zone Business Activity Accelerates in August

Euro Zone Business Activity Accelerates in August as New Orders Grow, PMI Shows

Euro zone business activity accelerates in August

Euro zone businesses saw new orders increase for the first time since May 2024 in August, helping overall activity expand at the fastest pace in 15 months despite persistent weakness in exports, a survey said today.

Euro to Dollar Forecast: EUR/USD "Range Between 1.1600-1.1720"

The Euro to Dollar exchange rate (EUR/USD) found support near 1.1620 early on Wednesday and edged higher to just above1.1660 at the US open. The dollar dipped lower after...

Euro benefits from PMI data but remains fragile

EUR/USD recovers to the 1.1650 region following an earlier decline. The Euro holds ground following the Germany and EU PMI releases. Market focus shift to Jobless Claims and PMI data from the US. EUR/USD holds steady at around 1.1650 after starting the day under bearish pressure, as the Euro benefits from the Purchasing Managers’ Index (PMI) data releases from Germany and the Eurozone. In the second half of the day, Jobless Claims and PMI data f…