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News 2026-10-23 08:29 UTC

Euro Weakens on Weak PMI Data and Debt Concerns

The euro traded at $1.12, remaining close to multi-month lows following the release of weaker-than-expected PMI data, while concerns over social unrest and rising public debt across Europe continued to weigh on the currency. Flash data showed eurozone private-sector growth slowed in October to a four-month low, pressur