Russian Ruble Climbs To 5-day High Against U.S. Dollar
(RTTNews) - The Russian ruble appreciated against the U.S. dollar in the European session on Monday.
The Russian ruble touched 91.53 against the greenback, setting a 5-day high. The currency is likely to locate resistance around the 86.5 level.
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Euro Falls As Weak Eurozone PMI Triggers ECB Rate Cut Bets
The euro weakened against other major currencies in the European session on Friday, as traders bet a possibility of an interest-rate cut by the European Central Bank (ECB) after data from Germany and the Eurozone showed that the business activity in the private sector contracted in November.
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German Private Sector Continues To Shrink
Germany's private sector continued to contract in November as sustained weakness in manufacturing output was compounded by the first fall in services activity for nine months, flash Purchasing Managers' survey compiled by S&P Global showed Friday. The HCOB composite output index dropped to 47.3 in November from 48.6 in the previous month. The score signaled acceleration in the rate of decline in
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5 h 52 min atrás
CAC 40 Slips Amidst Economic Woes
Renewed concerns about economic activity and growth in France as well as the wider Euro Area dragged down the CAC 40 benchmark below the levels at close on Thursday.
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