Spot remains under some selling pressure in the second half of the week, giving away part of the recent advance to levels beyond 1.1600 the figure and refocusing instead on the 1.1550 area and below.
EUR has also derived some offers after flash PMIs in core Euroland came in on a mixed tone for the month of August. In fact, flash manufacturing PMI in Germany and the euro zone missed estimates at 56.1 and 54.6, respectively, while France’s manufacturing PMI is expected above expectations at 53.7.
EUR has also derived some offers after flash PMIs in core Euroland came in on a mixed tone for the month of August. In fact, flash manufacturing PMI in Germany and the euro zone missed estimates at 56.1 and 54.6, respectively, while France’s manufacturing PMI is expected above expectations at 53.7.