News Column

Euro Mixed Ahead Of PMI Reports

September 3, 2014



BRUSSELS (Alliance News) - Markit Economics will release its services PMI report for Italy at 3:45 am ET Wednesday. PMI reports for France and Germany are due at 3:50 am ET and 3:55 am ET, respectively. At 4 am ET, Markit Economics will release its final services PMI and composite PMI figures for the eurozone.

Ahead of the reports, the euro showed mixed trading against the other major currencies. While the euro held steady against the pound, it rose against the greenback. Against the yen, the euro eased. On the other hand, the euro recovered against the swiss franc.

The euro was worth 1.3133 against the greenback, 1.2073 against the franc, 137.89 against the yen and 0.7976 against the pound as of 3:40 am ET.



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Source: Alliance News


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