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Calendar event / 02 January 2020 at 8:55 GMTpreviousforecastactualHigh PMI, Mfg44.143.443.7
Calendar event / 02 December 2019 at 8:55 GMTHigh PMI, Mfg42.143.844.1
Calendar event / 04 November 2019 at 8:55 GMTHigh PMI, Mfg41.741.942.1
Calendar event / 01 October 2019 at 7:55 GMTHigh PMI, Mfg43.541.441.7
Calendar event / 02 September 2019 at 7:55 GMTHigh PMI, Mfg43.243.643.5
Calendar event / 01 August 2019 at 7:55 GMTHigh PMI, Mfg4543.143.2
Calendar event / 01 July 2019 at 7:55 GMTHigh PMI, Mfg44.345.445
Calendar event / 03 June 2019 at 7:55 GMTHigh PMI, Mfg44.444.344.3
Calendar event / 02 May 2019 at 7:55 GMTHigh PMI, Mfg44.144.544.4
Squawk / 02 April 2019 at 5:41 GMTEUR/USD – Euro stays weak
Last Monday 25th March we highlighted Euro vulnerability here previously driven lower by very weak German Purchasing Managers’ Index data.
This weakness has continued in late March with dovish comments from European Central Bank members and the ongoing weakening of economic data across the Eurozone.
Furthermore, the US Dollar has seen broader strength through latter March and into early April, despite a shift to a more “risk on” phase, with global equity markets setting a more positive tone.
This combination of a weakening Euro and firming US$ leaves EURUSD risks to downside and aims at the 2019 low at 1.175 into early April, as we look at in more depth here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/eur-usd-euro-stays-weak/