U.K. and Euroland construction PMI surveys
Contrasting European and U.S. Data Trends Support Dollar
February 6, 2025
Compared to Wednesday closing levels, the dollar shortly before the opening of U.S. equity markets had strengthened by a further 0.4% against the euro, Aussie dollar and even sterling despite an as-expected announced 25-basis point cut in the Bank of England’s policy interest rate. The Czech National Bank’s key rate also was sliced by 25 […] More
