Trend > News > Euro, sterling plunge on dour business activity data, UK mini-budget
Euro, sterling plunge on dour business activity data, UK mini-budget
The euro and sterling plummeted to fresh 20-year and 37-year lows against a surging U.S. dollar on Friday after surveys showed the downturn in business activity across the euro zone and Britain accelerated this month and the economies were likely entering a recession.

Euro, sterling plunge on dour business activity data, UK mini-budget

The euro and sterling plummeted to fresh 20-year and 37-year lows against a surging U.S. dollar on Friday after surveys showed the downturn in business activity across the euro zone and Britain accelerated this month and the economies were likely entering a recession.