BREAKING: EURUSD at key support after PMI readings from Europe
- Eurozone HCOB Manufacturing PMI Jul F: 45.8 (est 45.6; prev 45.6)
- German HCOB Manufacturing PMI Jul F: 43.2 (est 42.6; prev 42.6)
- French HCOB Manufacturing PMI Jul F: 44.0 (est 44.1; prev 44.1)
- Italian HCOB Manufacturing PMI Jul: 47.4 (est 46.0; prev 45.7)
- Spanish HCOB Manufacturing PMI Jul: 51.0 (est 52.5; prev 52.3)
PMI reports from Europe are coming out mixed, nevertheless it seems that the situation in industry is improving. Data from Germany and Italy came as a positive surprise.
The EURUSD pair is testing the 200-day exponential moving average after the data reading.
Source: xStation