Euro depreciates after PMI data on Monday

Source: WBP Online
© AP
Euro Zone's composite and manufacturing PMI's were published on Monday and they disappointed, indicating at a weaker economy. Manufacturing PMI declined to 51.5 from 51.7 points and service PMI stayed at the same level of 53.1 points. The Euro declined to daily lows at 1.1210 against the US Dollar on the news.

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