Euro drops on recession data
The euro was down after it was revealed France has entered recession.
Read all the latest currencies news and stay up-to-date with the latest economic events affecting the foreign exchange markets with City Index.
The euro was down after it was revealed France has entered recession.
The pound is weakening against the dollar.
The yen is down to a new five-year low against the dollar.
A currency war could begin as a result of the weakening of the yen.
The yen is now down to a four-year low against the dollar.
The yen has reached a landmark against the dollar.
The ECB’s rate cut has had an impact on the euro.
Better than expected manufacturing data has boosted sterling.
Manufacturing has been hurt by sterling’s strength.
Sterling rose yesterday following the release of GDP figures.