News

Germany November final services PMI 53.3 vs 53.3 prelim

Latest data released by Markit/BME – 5 December 2018

  • Prior 54.7
  • Composite PMI 52.3 vs 52.2 prelim
  • Prior 53.4

ForexLive

Preliminary readings can be found here. The services component holds steady but there is a mild improvement to the composite reading, but nothing substantial. The overall downtrend still remains for German survey sentiment and it doesn’t indicate a solid rebound to come in Q4 if hard data supports the notion here.

EUR/USD is a little higher to 1.1340 now as the dollar gives back some of its earlier gains. EUR/GBP is flat on the day at 0.8907.

Articles You May Like

US stocks trade at new session highs.
UK govt watering down request for changes to “backstop” in Brexit deal
My Forex Strategy – A Simple Forex Strategy Using Just 2 EMA’s
The Ultimate Candlestick Charts (Trading Course)
50 PIPS a day. Profitable FOREX strategy | Forex Strategies for beginners

Leave a Reply

Your email address will not be published. Required fields are marked *