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Global PMIs Lift Euro as US Dollar Slips on Fiscal Risks – August 22, 2026, 7:12 pm

• August flash PMIs supported the euro…
• The US dollar weakened near 99…
• The Canadian dollar found support…

Global PMIs Lift Euro as US Dollar Slips on Fiscal Risks – August 22, 2026, 7:12 pm

• August flash PMIs supported the euro…
• The US dollar weakened near 99…
• The Canadian dollar found support…

Global PMIs Lift Euro as US Dollar Slips on Fiscal Risks – August 22, 2026, 7:12 pm

Global PMIs Lift Euro as US Dollar Slips on Fiscal Risks – August 22, 2026, 7:12 pm

<ul><li>August flash PMIs supported the euro...</li><li>The US dollar weakened near 99...</li><li>The Canadian dollar found support...</li></ul>
<div lang="ur" dir="rtl"><p>اگست کے فلیش پی ایم آئیز نے یورو کو سپورٹ دی...</p><p>امریکی ڈالر 99 کے قریب کمزور ہوا...</p><p>کینیڈین ڈالر کو اس وقت سپورٹ ملی...</p></div>

Global PMIs Lift Euro as US Dollar Slips on Fiscal Risks – August 22, 2026, 7:12 pm

• August flash PMIs supported the euro as Eurozone manufacturing hit 52.8, despite German services slipping to 48.5 and French services contracting at 48.4. In the UK, July retail sales fell 0.5% month-on-month, but August services PMI reached 52.8, stabilizing sterling.

• The US dollar weakened near 99 as US Treasury bond buyback plans sparked fiscal debasement concerns, fostering a softer medium-term outlook.

• The Canadian dollar gained support after June retail sales rose 0.6% month-on-month, beating 0.4% forecasts, bolstered by May’s upward revision to 1.1%.