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Euro slips as Germany enters recession, dollar hits 2-month peak

Euro slips as Germany enters recession, dollar hits 2-month peak
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Euro slips as Germany enters recession, dollar hits 2-month peak - Markets

Germany, World s 4th Largest Economy, Enters Recession

The euro dropped on Thursday as Europe's largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak, benefitting from safe-haven demand as worries mounted about a US default.

Euro Slips as Germany Enters Recession, Dollar Hits 2-month Peak

LONDON The euro dropped on Thursday as Europe's largest economy Germany was confirmed to be in a recession, while .

Germany Confirmed To Be In Recession: Report

The latest sign of weakness out of Europe came from Germany, where the economy contracted slightly in the first quarter, and thereby was in recession after negative growth in the fourth quarter of 2022.

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