Eurozone business activity accelerated in September, with the Composite PMI rising to 53.1, its highest since April 2023.However, stronger-than-expected U.S. PMI data and rising expectations of further Fed policy tightening supported the dollar, pushing EUR/USD toward 1.1370.Next in focus: Germany’s IFO Business Climate and speeches from Federal Reserve officials.#StarActivation #DailyMarketReview #MarketInsights #TradeSmarter #EURUSD
Eurozone business activity accelerated in September, with the Composite PMI rising to 53.1, its highest since April 2023.However, stronger-than-expected U.S. PMI data and rising expectations of further Fed policy tightening supported the dollar, pushing EUR/USD toward 1.1370.Next in focus: Germany’s IFO Business Climate and speeches from Federal Reserve officials.#StarActivation #DailyMarketReview #MarketInsights #TradeSmarter #EURUSD