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September 23, 2024 6:11 PM

Euro drops as glum PMI readings stoke bets on more ECB easing

The euro fell against the dollar on Monday as business activity readings painted a grim picture of the euro zone economy and fuelled bets on more interest rate cuts by the European Central Bank (ECB) this year. The common currency dropped 0.4% to $1...

September 23, 2024 4:37 PM

Sterling at two-year peak versus euro after PMI data

Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business activity readings pointed to diverging economic cycles in the British and euro zone economies. The pound slipped 0.2% to $1.3298, hovering below...

Last updated on: 1st September 2026

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