Macro News – English
Euro pressured by weak PMIs and ECB outlook
- Weak PMIs and cautious ECB hawkishness are weighing on the euro. It continues to slide against the dollar and sterling. If geopolitical risks stay elevated and economic data remains weak, further euro downside is possible.
Macro News – Urdu
Euro kamzor PMIs aur ECB ki wajah se pressure mein
- Weak PMIs aur ECB ki cautious hawkish stance euro par pressure daal rahi hai. Euro abhi dollar aur sterling ke muqable mein slide kar raha hai. Agar geopolitical risks high rahe aur data weak raha, to euro mein aur downside aa sakta hai.