Euro falls as Eurozone's private sector data disappoints

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Source: Investing.com
On Tuesday the Euro nearly reached a nine-year low versus the US Dollar amid the Eurozone's private sector activity data showing a much slower rate than anticipated in December. EUR/USD was at a 1.1905, down 0.22%, posting the worst performance since February 2006. Last month's services PMI declined from 51.7 to 51.4 points, still above the threshold level of below 50, and will impact on central bank's decision to implement QE at the earliest time possible.
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Tue, 06 Jan 2015 14:10:05 GMT

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Mon, 05 Jan 2015 16:04:05 GMT

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On Monday the UK Pound continued to fall, briefly reaching a 17-month low, due to deteriorating conditions in development in the construction sector. The Sterling lost 0.44% and fell to $1.5255 versus the US Dollar, dipped to the 17-month low of $1.5176, but managed to recover at around $1.5300 afterwards. Construction PMI decayed to 57.6 points and had a major impact

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