Euro Falls After French Composite PMI Drops to 48.4
The French composite PMI fell to 48.4 in October from 51.1 in September, a four-month low. A reading below 50 signals contraction in private-sector activity.
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French 10-Year OAT Yield Trims Falls After PMI Data — Market Talk
The euro weakened further against the dollar after France’s latest purchasing managers’ index survey came in below expectations. The composite PMI declined to a four-month low of 48.4 in October, from 51.1 in September. A reading below 50 indicates contraction in private-sector activity. Economists…