Posts Tagged ‘Stalling’
Euro Follows Stocks Lower As Stalling Manufacturing Dims Growth Outlook
Euro Follows Stocks Lower As Stalling Manufacturing Dims Growth Outlook
The EUR/USD extended its recent losses as traders remain cautious with the domestic and global growth picture dimming. A disappointing Euro-zone PMI reading only added to traders concerns, as the gauge of the manufacturing and service industries slipped to 56.1 from 56.7.
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