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A Busy Economic Calendar Puts the EUR in Focus
Abstract：It’s a busy day ahead on the economic calendar. Prelim January private sector PMI figures for France, Germany, and the Eurozone are due out later today.
Its a busy day ahead on the economic calendar. Prelim January private sector PMI figures for France, Germany, and the Eurozone are due out later today.
While Germany‘s manufacturing and the Eurozone’s PMI will be key drivers, any weak numbers would test support for the EUR.
With lockdown measures continuing into January, service sector activity will likely take a hit. To what extent and whether the manufacturing sector is also affected remains to be seen.
At the time of writing, the EUR was up by 0.02% to $1.2167.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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