Parse error: syntax error, unexpected T_FUNCTION, expecting ')' in /home/forex/public_html/wp-content/plugins/nxs-snap-pro-upgrade/nxs-snap-pro-upgrade.php(48) : eval()'d code on line 60
Euro Zone : PMI progress and support the Euro on the Forex — Forex Stock Trade




Euro Zone : PMI progress and support the Euro on the Forex




On the economic calendar we have had this morning the figures of the PMI in the euro zone, which have somewhat supported the Euro on the Forex.

In France, the manufacturing PMI rose to 56.0 vs. 55.5 expected and 55.8 previously, while the service PMI came in at 57.1 after 54.9 and against 54.8 expected. The composite PMI rises to 57.2 against 55.1 expected and 55.2 previously.

In Germany, the manufacturing PMI rose to 60.6 vs. 59.0 expected and 59.3 above, while the service PMI came in at 55.6 after 53.5 and versus 53.8 expected. The composite PMI rises to 57.8 vs. 55.8 expected and previously.

On average in the euro zone, the manufacturing PMI rose to 58.2 vs. 57.1 expected and 57.4 above, while the service PMI came in at 55.6 versus 54.9 expected and previously. The composite PMI rises to 56.7 vs. 55.5 expected and 55.7 previously.

These good figures and the optimism of purchasing managers of companies in the euro area have contributed to the rise of the Euro this morning, while EUR/USD is testing now the important resistance at 1.2000.



Добавить комментарий

60