BREAKING: Euro erases declines after upbeat PMI reading from Germany

08:15 AM BST, France - PMI Data for May:

French HCOB Manufacturing PMI May P: 46.7 (est 45.9; prev 45.3)
HCOB Services PMI May P: 49.4 (est 51.7; prev 51.3)
HCOB Composite PMI May P: 49.1 (est 51.0; prev 50.5)

08:30 AM BST, Germany - PMI Data for May:

German HCOB Manufacturing PMI May P: 45.4 (est 43.5; prev 42.5)
HCOB Services PMI May P: 53.9 (est 53.5; prev 53.2)
HCOB Composite PMI May P: 52.2 (est 51.0; prev 50.6)

The euro erased declines after a worse service data reading from France and is now breaking out above levels seen before 08:00 am BST.

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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BREAKING: Euro erases declines after upbeat PMI reading from Germany

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