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EUR/USD weakens on unexpectedly sluggish Eurozone flash PMI
EUR/USD weakens to near 1.0830 in Wednesday’s European session as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that Composite numbers unexpectedly eased due to a slowdown in activities in the manufacturing as well as the service sectors.
Fxstreet
Jul 24, 2024
EUR/USD: Likely to trade towards 1.0815 – UOB Group
The Euro (EUR) is likely to trade with a downward bias. Tentative buildup in momentum suggests downside risk; any further decline in EUR is unlikely to break clearly below 1.0815, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann.Fxstreet
Jul 24, 2024
Eurozone Preliminary Manufacturing PMI edges lower to 45.6 in July vs. 46.1 expected
The Eurozone manufacturing sector contraction extended while the services sector activity lost its recovery momentum in July, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Wednesday.Fxstreet
Jul 24, 2024
