News Column

Euro Weakens Vs Most Majors Ahead Of PMI Reports

June 2, 2014

BRUSSELS (Alliance News) - At 3:45 am ET Monday, Italy's manufacturing PMI is due. French and German PMIs are due at 3:50 am ET and 3:55 am ET, respectively. Eurozone manufacturing PMI is to be released at 4:00 am ET.

Before these reports, the euro showed mixed trading against the other major currencies. While the euro rose against the franc, it declined against the rest of major currencies.

The euro traded at 1.3607 against the greenback, 0.8122 against the pound, 1.2214 against the franc and 138.77 against the yen at 3:40 ET.

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Source: Alliance News