EUR/USD at new highs after positive PMI data

Source: FXStreet
The single European currency extended earlier gains crossing the $1.06 handle amid a set of manufacturing PMIs that demonstrated positive results. The Euro edged up to its intraday highs at around 1.0618 following the release of Germany's PMI data for November that expanded to 52.9. Euro Area PMI matched expectations coming in at 52.9, while German jobless rate fell to 6.3%, a new all-time low. 
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Fri, 11 Mar 2016 09:21:05 GMT

Japanese manufacturing conditions decline sharply in Q1 2016

The Business Survey Index of big manufacturers in Japan dropped to -7.9 in Q1 2016, greatly away from analyst expectations of 4.2 and making it the worst reading since June 2014. The main drivers of this fall were weakening global economic situation and the Yen's appreciation, thus making a fall in demand for Japanese products.

Tue, 01 Dec 2015 10:04:14 GMT

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