Currencies
Currencies News
Euro Approaches Nine-Month Low on Weakening Economy; Pound Drops
The euro approached a nine-month low versus the dollar before reports that analysts said will show growth in the region weakened and inflation slowed, adding to signs the bloc’s economy is struggling to recover.
EU’s East Braced for Sanctions Pain With GDP Poised to Slide
The European Union’s biggest eastern economies are flagging as escalating sanctions against Russia and retaliation from President Vladimir Putin exacerbate the euro area’s stuttering recovery from a record slump.