Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Euro slides as strong US PMI data lifts Fed rate hike bets

EUR/USD extends its intraday decline on Wednesday as stronger-than-expected US business activity data reinforces expectations of another Federal Reserve (Fed) rate hike and lifts the US Dollar (USD). At the time of writing, the pair trades around 1.1401, near levels last seen in late July.

More from Wednesday 23 September →