The European Common Currency depreciated against the US Dollar, following the French Flash Services PMI data release on Wednesday at 07:15 GMT. The EUR/USD exchange currency rate lost 16 pips or 0.14% right after the release. The Euro continued trading at the 1.1144 level against the US Dollar.
Markit released the French Flash Services PMI, which came out worse-than-expected of 52.2 compared with the forecast of 52.7.
Also, note, that the German Flash Manufacturing and Services PMIs data were released on Wednesday at 7:30 GMT. The German Flash Manufacturing PMI data came out worse-than-expected of 43.1 compared with the forecast of 45.1. As the result, the Euro depreciated 15 pips or 0.13% against the US Dollar.
| Date | 22.03.19 | 18.04.19 | 23.05.19 | 21.06.19 | 24.07.19 |
|---|---|---|---|---|---|
| Actual | 48.7 | 50.5 | 51.7 | 53.1 | 52.2 |
| Forecast | 50.6 | 49.8 | 50.7 | 51.6 | 52.7 |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/CHF | 1.09979 | 1.09906 | -0.07% |
| EUR/GBP | 0.89627 | 0.89586 | -0.05% |
| EUR/JPY | 120.59400 | 120.411 | -0.15% |
| EUR/USD | 1.11553 | 1.114 | -0.14% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 73.1% | 26.9% |
| EUR/GBP | 26.5% | 73.5% |
| EUR/JPY | 63.9% | 36.1% |
| EUR/USD | 36.5% | 63.5% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 11:45 | EUR | Monetary Policy Statement | - | - |
| 12:30 | EUR | ECB Press Conference | - | - |
| 12:30 | USD | Core Durable Goods Orders m/m | 0.2% | 0.4% |