EUR/USD: German Flash Manufacturing and Services PMIs

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The European Common Currency depreciated against the US Dollar, following the German Flash PMIs survey results release on Monday at 07:30 GMT. The EUR/USD exchange currency rate lost 15 pips or 0.14% right after the release. The Euro continued trading at the 1.0975 level against the US Dollar.

Markit released the German Manufacturing PMI survey result, which came out worse-than-expected of 41.4 compared with the forecast of 44.6.

According to the official release: "The German economy contracted in September, latest flash PMI data showed, as the downturn in manufacturing deepened and service sector growth lost momentum. Job creation meanwhile stalled as firms reported weakening demand and pessimism towards the outlook for activity. The fall in output was accompanied by easing price pressures, with average charges for goods and services rising at the slowest rate for over three years."

Historical Data: German Flash Manufacturing PMI
Date23.05.1921.06.1924.07.1922.08.1923.09.19
Actual44.345.443.143.641.4
Forecast44.944.645.143.144.6
Initial Reaction on Main Pairs
PairOpenCloseChange
EUR/CHF1.090381.08904-0.12%
EUR/GBP0.883080.88239-0.08%
EUR/JPY118.39800118.218-0.15%
EUR/USD1.100251.09876-0.14%
Sep 23, 2019 Open Positions
PairLongsShorts
EUR/CHF74.9%25.1%
EUR/GBP30.8%69.2%
EUR/JPY59.6%40.4%
EUR/USD33.6%66.5%
Economic Calendar for Sep 24, 2019
GMTCurrencyEventForecastPrevious
05:30JPYBOJ Gov Kuroda Speaks--
09:55AUDRBA Gov Lowe Speaks--
23:50JPYMonetary Policy Meeting Minutes--
Back to articles

Actual Topics

Wed, 25 Sep 2019 11:07:03 GMT

NZD/USD: RBNZ Rate Statement

The New Zealand Dollar appreciated against the US Dollar, following the RBNZ Rate Statement on Wednesday at 02:00 GMT. The NZD/USD exchange currency rate gained 20 pips or 0.32% right after the release. The Kiwi continued trading at the 0.6340 level against the Greenback.

Fri, 20 Sep 2019 15:00:26 GMT

USD/CAD: Canadian Retail Sales

The US Dollar appreciated against the Canadian Dollar, following the Canadian Retail Sales on Friday at 12:30 GMT. The USD/CAD exchange currency rate gained 22 pips or 0.17% right after the release. The Greenback continued trading at the 1.3285 level against the Canadian Dollar.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.