Germany's manufacturing and services sectors showed unexpected growth in January, according to the HCOB survey. Both PMIs beat expectations, reaching eight-month and six-month highs respectively. This positive economic data fueled a rally in the EUR/USD pair, pushing it closer to 1.0500.
Germany ’s Manufacturing PMI improved to 44.1 in January vs. 42 estimated. Services PMI for the German economy rose to 52.5 in January vs. 51 anticipated. EUR/USD picks up fresh bids to close in on 1.0500 after upbeat German PMI s. The German manufacturing and services sectors activity improved in January, the preliminary business activity report published by the HCOB survey showed Friday. TheHCOBManufacturing PMI in the Eurozone’s top economy unexpectedly rose to 44.
0500 after the upbeat German data, currently trading 0.74% higher on the day. Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.66% -0.35% -0.51% -0.28% -0.60% -0.71% -0.37% EUR 0.66% 0.31% 0.18% 0.38% 0.06% -0.05% 0.29% GBP 0.35% -0.31% -0.12% 0.06% -0.25% -0.36% -0.03% JPY 0.51% -0.18% 0.12% 0.19% -0.14% -0.25% 0.10% CAD 0.28% -0.38% -0.06% -0.19% -0.
GERMANY MANUFACTURING SERVICES PMI EURUSD
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