Euro Weakens After Eurozone Composite PMI Falls to 51.9
The flash October eurozone composite PMI fell to 51.9 from 53.1 in September, below estimates, but remained above the 50-point expansion threshold. The euro remained weaker against the dollar.
The euro remains weaker against the dollar after the flash October eurozone purchasing managers' index survey fell short of estimates. The eurozone composite PMI fell to 51.9 in October from 53.1 in September, although remained above the 50 level that separates expansion from a contraction. Economi…