Overall, EUR/USD is ranging across. Recently, EUR/USD moved lower, breaking the support level of 1.08000.
The eurozone flash PMI data released yesterday were worse than forecasted as eurozone economy suffered unprecedented collapse in April amid the COVID-19 pandemic. EUR weakened as a result.
The eurozone flash PMI data released yesterday were worse than forecasted as eurozone economy suffered unprecedented collapse in April amid the COVID-19 pandemic. EUR weakened as a result.
- Flash Manufacturing PMI (Actual: 33.6, Forecast: 38.7, Previous: 44.5 revised from 44.8)
- Flash Services PMI (Actual: 11.7, Forecast: 23.2, Previous: 26.2 revised from 28.4)