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Back Fundamental analysis
Euro Looks Strong Ahead of FOMC Meeting
The eurozone economy continues
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The eurozone economy continues to demonstrate robust growth despite several challenges. The composite PMI index rose in October from 52.4 to 52.8, primarily due to a significant increase in the services sector, which reached a one-and-a-half-year high of 53.6. At the same time, the final GDP data for the third quarter showed a 0.3% decline in household consumption, which is good for controlling inflation but poor for economic growth. While overall inflation increased in November, it remained close
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Kuvat Raharjo,
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