neutral
Euro Drops to 1.0414 as Markets React to Escalating Conflict
Europe’s economic outlook weakened further as the euro slid to 1.0414 against the dollar, hitting its lowest level since November 2022. The decline followed Russia’s launch of a hypersonic missile at Ukraine, increasing safe-haven flows into the U.S. dollar. PMI surveys across major EU economies reflected contractionary conditions and continued pressure on demand.
Tags:
- europe
- forex
neutral
Euro Drops to 1.0414 as Markets React to Escalating Conflict
Europe’s economic outlook weakened further as the euro slid to 1.0414 against the dollar, hitting its lowest level since November 2022. The decline followed Russia’s launch of a hypersonic missile at Ukraine, increasing safe-haven flows into the U.S. dollar. PMI surveys across major EU economies reflected contractionary conditions and continued pressure on demand.
Tags:
- europe
- forex
Breaking
neutral
Euro Drops to 1.0414 as Markets React to Escalating Conflict
1 min read
53 words
The euro fell to 1.0414 amid geopolitical escalation and weaker European PMI readings, prompting safe-haven shifts and downward pressure across regional macro indicators.
Europe’s economic outlook weakened further as the euro slid to 1.0414 against the dollar, hitting its lowest level since November 2022. The decline followed Russia’s launch of a hypersonic missile at Ukraine, increasing safe-haven flows into the U.S. dollar. PMI surveys across major EU economies reflected contractionary conditions and continued pressure on demand.
Europe’s economic outlook weakened further as the euro slid to 1.0414 against the dollar, hitting its lowest level since November 2022. The decline followed Russia’s launch of a hypersonic missile at Ukraine, increasing safe-haven flows into the U.S. dollar. PMI surveys across major EU economies reflected contractionary conditions and continued pressure on demand.
Tags:
- europe
- forex
- europe
- forex
- macro
- eurusd
- geopolitics