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Euro faces pressure from slowing eurozone business growth, Currencies Direct says
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Euro faces pressure from slowing eurozone business growth, Currencies Direct says
  • The euro may face further pressure if Germany's IFO business climate index shows deteriorating confidence this month.
  • October's preliminary eurozone PMIs showed slower business growth, dampening expectations of an ECB interest rate hike later this week.
  • Sterling may remain subdued ahead of Wednesday's Autumn Budget following a larger-than-expected contraction in UK retail sales.
  • US dollar movement may be limited ahead of Wednesday's Federal Reserve interest rate decision amid a sparse economic calendar.
  • The Canadian dollar could surrender some of Friday's gains as oil prices retreat from their highs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currencies Direct Ltd. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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