NEW YORK (AFP) – The euro gained against the dollar Friday helped by slightly improved growth numbers for the eurozone that showed the region still avoiding a new recession. Official data showed France and Germany narrowly avoided a new recession in the third quarter, while the broader 18-nation eurozone also faces anemic growth with just a 0.2 percent expansion.The moderate growth and inflation was cause for relief in European markets, said Jasper Lawler at CMC Markets UK.But Mike McCudden at online broker Interactive Investor said the euro will no doubt remain under pressure as investors anticipate fresh stimulus intended to …read more
Source: Dunya TV
