The Euro had already been struggling with a softer economic outlook, dovish ECB talk and upgraded odds for a rate cut in December before taking in Friday’s abysmal round of economic data. Key standouts on Monday’s calendar come from German Ifo reads, Canada manufacturing sales, the Chicago Fed national activity index, and Dallas Fed manufacturing.Video Length: 00:01:12More By This Author:Euro Sinks To Fresh 2024 Low About The Dollar, Euro And Bitcoin Three Stories Driving Markets Right Now
Euro Sinks To Lowest Level Since November 2022
