Euro Dampened by Weak PMI Data

<p><img width="544" height="317" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-eur28.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>Economic activity in Europe is cooling, raising the spectre of an emerging recession in Germany and the whole eurozone. The PMI indices have proven to be a reliable indicator of the economic cycle for currency and equity market investors. The latest preliminary estimates for October disappointed, showing a deepening of the recession rather than the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/524381-euro-dampened-by-weak-pmi-data/">Euro Dampened by Weak PMI Data</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>