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Mar 21, 2013
Forex: EUR/USD down on European PMI data, held by 1.2980
The EUR/USD has been falling across the chart since the release of disappointing France Markit PMI figures, with manufacturing PMI at 43.9 vs 44.3 consensus and services PMI at 41.9 vs 44.0 consensus. German data extended the sentiment as manufacturing dropped from 50.3 to 48.9 (consensus of 50.5) and services fell from 54.7 to 51.6 (consensus of 55.0).
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Mar 21, 2013
EMU: Flash PMI Manufacturing contracts further in March
Preliminary Eurozone PMI Manufacturing dropped to 46.6 points in March, from 47.9 points in February, according to data released today by Markit. Market experts projected an increase to 48.2 points.
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