EU’s Centeno: Euro area growth should be sustained in coming years

Dhwani Mehta FXStreet

Eurogroup President Mario Centeno was on the wires last minutes, via Reuters, noting that the Euro area growth should be sustained in coming years.

Meanwhile, markets look forward to the Eurozone flash manufacturing and services PMI releases due out shortly, especially after dismal French and German manufacturing sector activity reports.

EUR/USD drops -0.18% to trade near daily lows of 1.2308, as the bears remain poised for a break below the 1.23 handle.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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