Euro’s Rally Halted by Disheartening PMIs; Aussie Up on RBA’s Hawkish Tone ahead of CPI

<p><img width="612" height="402" src="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur70-e1600273308569.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/07/f-eur70-e1600273308569.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/07/f-eur70-e1600273308569-600×394.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Euro&#8217;s forward drive this week faced a halt as subpar PMI readings painted a concerning picture for the Eurozone economy. The data fuels concerns that the Eurozone economy might be heading into deeper waters. At the same time, British Pound is weighed down by slowing wages growth and weak PMIs too. Swiss Franc is also [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/524392-euros-rally-halted-by-disheartening-pmis-aussie-up-on-rbas-hawkish-tone-ahead-of-cpi/">Euro&#8217;s Rally Halted by Disheartening PMIs; Aussie Up on RBA&#8217;s Hawkish Tone ahead of CPI</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *