The Euro traded sideways against the US Dollar, following the German Flash Manufacturing and Services PMIs survey results release on Tuesday at 07:30 GMT. The EUR/USD exchange currency rate gained 6 pips or 0.05% after the release. The Euro continued trading at the 1.1690 level against the Greenback after the release.
Markit released the German Flash Manufacturing PMI survey results, which came out better-than-expected of 56.6 compared with the forecast of 52.0.
According to the official release: "Latest PMI data from IHS Markit showed a further increase in German business activity in September, driven by a sharp rise in manufacturing production. However, the overall pace of growth eased for the second month in a row amid a slight setback in activity across the service sector."
| Date | 21.05.20 | 23.06.20 | 24.07.20 | 21.08.20 | 23.09.20 |
|---|---|---|---|---|---|
| Actual | 36.8 | 44.6 | 50.0 | 53.0 | 56.6 |
| Forecast | 39.3 | 41.5 | 48.0 | 52.2 | 52.0 |
| Pair | Open | Close | Change |
|---|---|---|---|
| EUR/CHF | 1.07611 | 1.07631 | 0.02% |
| EUR/GBP | 0.92116 | 0.92127 | 0.01% |
| EUR/JPY | 122.67000 | 122.708 | 0.03% |
| EUR/USD | 1.16875 | 1.16921 | 0.04% |
| Pair | Longs | Shorts |
|---|---|---|
| EUR/CHF | 51.4% | 48.6% |
| EUR/GBP | 29.2% | 70.8% |
| EUR/JPY | 54.8% | 45.2% |
| EUR/USD | 48.4% | 51.6% |
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