The European Common Currency appreciated against the US Dollar, following the French Flash Services PMI survey results release on Thursday at 07:15 GMT. The EUR/USD exchange currency rate gained 16 pips or 0.15% right after the release. The Euro continued trading at the 1.1155 level against the Greenback.
Markit released the French Flash Services PMI survey results, which came out better-than-expected 52.9 compared to the forecast of 51.6.
Also, note that the German Flash Manufacturing and Services PMIs survey results were released at 7:30 GMT. The German Flash Manufacturing PMI data came out in line with the expectations of 41.9, and the German Flash Services PMI came out worse-than-expected of 51.2 compared with the forecast of 52.0. As the result, the Euro depreciated 12 pips or 0.11% against the Greenback.
| Date | 23.05.19 | 21.06.19 | 24.07.19 | 23.09.19 | 24.10.19 |
|---|---|---|---|---|---|
| Actual | 51.7 | 53.1 | 52.2 | 51.6 | 52.9 |
| Forecast | 50.7 | 51.6 | 52.7 | 53.1 | 51.6 |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/CHF | 1.10276 | 1.10388 | 0.10% |
| EUR/GBP | 0.8617 | 0.86259 | 0.10% |
| EUR/JPY | 121.04800 | 121.266 | 0.18% |
| EUR/USD | 1.11404 | 1.11553 | 0.13% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 66.2% | 33.8% |
| EUR/GBP | 43.7% | 56.3% |
| EUR/JPY | 54.8% | 45.2% |
| EUR/USD | 26.9% | 73.1% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 12:15 | USD | ADP Non-Farm Employment Change | - | 135K |
| 14:00 | CAD | Overnight Rate | 1.75% | 1.75% |
| 18:00 | USD | Federal Funds Rate | <2.00% | <2.00% |