"China is super important to Europe," said Fiona Cincotta, senior markets analyst at City Index. "There are a lot of concerns about what weakness in China could mean for Germany and the German economy and I think we're seeing that being played on in the DAX, which is struggling to push higher."
Expectations that the Fed and ECB will diverge on rate hikes have caused the dollar to weaken recently.
Source: News Formal (newsformal.com)
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