Story perspectives
US Dollar Rises Amid Mixed Eurozone Economic Signals
9/26/2025
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Story summary
- The US dollar strengthened in Asian trading as the dollar index neared 98.000.
- Germany's IFO survey showed a September decline in business confidence.
- European Central Bank (ECB) officials remain confident in hitting inflation targets and expect rates to stay on hold.
- Eurozone PMIs were mixed; manufacturing lagged and services improved. Canadian dollar weakened as housing prices fell 1.7% YoY.
