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via fxstreet.comMarkets

Euro weighed by weak PMIs, near 1.1200 as dollar recovers

FROM THE WIRE · FXSTREET.COM

The EUR/USD pair attracts sellers for the second straight day in reaction to mostly disappointing Eurozone PMIs, trading near the lower end of the weekly range, around the 1.1200 mark during the first half of the European session on Friday.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDisappointing Eurozone PMIs push EUR/USD lower as the dollar recovers.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The EUR/USD pair faces selling pressure for a second straight day.
  2. 02Eurozone PMIs were mostly disappointing.
  3. 03The pair trades near the lower end of the weekly range, around 1.1200.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1200+0.08%today -0.20%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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