Skip to main content

Mixed French December flash PMI data means we now wait for Germany at 8.30am GMT

The December flash French Services and Manufacturing PMI data has just been released and it has been mixed, with a miss on Manufacturing but a beat on Services. The EUR/USD was edging lower leading into this data has slipping back towards that 1.05 handle. The mixed data has not really helped it much, but it did lift slightly off the lows as an immediate reaction. Next up comes the German data, at 8.30am GMT and that could be the decider in terms of where the Euro might trade towards in the short term. The EUR/USD is currently trading at 1.0505                               
 

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!