Euro dips further as German PMI also disappoints ...Middle East

EUR/USD is slipping further to 1.0950 levels from around 1.0970 earlier after the French PMI data, as the German PMI data here confirms a recession in Europe to end the year. The pair does have some large option expiries at 1.0950, so that could limit losses in the session ahead before the expiries roll off.As for euro sentiment, this is a bit of a tough one as the ECB is caught in a bit of a bind. On the one hand, they can't quite declare victory on the inflation front just yet. And even the PMI data from Germany also suggests that to be the case. The details:Input prices rising at its quickest pace in seven monthsOperating expenses for service providers rose by the greatest extent since Ma

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Euro dips further as German PMI also disappoints ...Middle East

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