23 Jan 2014
EUR/USD jumps on stronger than expected PMI numbers
FXstreet.com (London) - EUR/USD has jumped on stronger-than-expected flash PMI numbers.
France beat expectations of a rise from 75.0 to 75.5, printing at 78.8.
Germany beat expectations of a rise from 54.3 to 54.6 printing at 56.3. Despite Germany's big rise in manufacturing g PMI, Markit services fell to 53.6 compared to market expectations of a rise to 54.0.
EUR/USD is currently trading at USD1.3630 in strongly bullish territory following The Euro PMIs.
France beat expectations of a rise from 75.0 to 75.5, printing at 78.8.
Germany beat expectations of a rise from 54.3 to 54.6 printing at 56.3. Despite Germany's big rise in manufacturing g PMI, Markit services fell to 53.6 compared to market expectations of a rise to 54.0.
EUR/USD is currently trading at USD1.3630 in strongly bullish territory following The Euro PMIs.