EUR/USD: German and French Flash PMIs

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

The Euro appreciated against the US Dollar, following the German and French Flash PMIs survey results release on Friday at 07:15-07:30 GMT. The EUR/USD exchange currency rate gained 46 pips or 0.39% after the release. The Euro continued trading at the 1.1840 level against the Greenback after the release.

Markit released the German Flash Manufacturing PMI survey results, which came out better-than-expected of 58.0 compared with the forecast of 55.0.

According to the official release: "A further rise in manufacturing output helped to support growth across the German private sector in October, latest PMI® data from IHS Markit showed. However, in a sign of a two-speed economy emerging, service providers recorded a modest decline in activity amid new restrictions and heightened uncertainty due to a second wave of coronavirus cases."


Historical Data: German Flash Manufacturing PMI
Date23.06.2024.07.2021.08.2023.09.2023.10.20
Actual44.650.053.056.658.0
Forecast41.548.052.252.055.0
Initial Reaction on Main Pairs
PairOpenCloseChange
EUR/CHF1.070821.071790.09%
EUR/GBP0.903430.903410.00%
EUR/JPY123.59800123.7990.16%
EUR/USD1.179971.183720.32%
Oct 23, 2020 Open Positions
PairLongsShorts
EUR/CHF63.0%37.0%
EUR/GBP61.3%38.7%
EUR/JPY52.9%47.1%
EUR/USD41.4%58.6%

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