Euro slips vs dollar after weak German output data
LONDON, Nov 8 (BestGrowthStock) – The euro briefly hit the day’s low
against the dollar on Monday after an unexpected fall in German
industrial output.
German industrial output fell by 0.8 percent on the month in
September, missing the median forecast for a 0.5 percent
increase in a Reuters poll of 36 economists. [ID:nBZN8ME63Q]
The euro (EUR=: ) fell 10 pips to a session low of $1.3892
according to Reuters data, down 1 percent on the day. By 1107
GMT it was at around $1.3900.
(Reporting by London Forex Team)
Euro slips vs dollar after weak German output data
Category: Business News
