The euro remained stuck near a one-month low on Thursday as more signs of weakne...
LONDON - The euro remained stuck near a one-month low on Thursday as more signs of weakness in the German economy detracted from optimism about U.S.-China trade talks and a softer Brexit.
The euro has remained in a range of $1.12-$1.16 in 2019 despite a slowdown in the euro zone economy that has prompted new stimulus from the European Central Bank. The euro was trading at $1.1235, flat on the day. It has fallen in six of the previous eight sessions. Investors were focused on minutes from the ECB’s March meeting — especially for details on the ECB’s plans to issue new cheap loans to banks and a debate about tiering interest rates.
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