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09:58 · 3 March 2025

BREAKING: Final Manufacturing PMI from Germany and European countries slightly higher than expected📊EURUSD retests 1.04

Eurozone Manufacturing PMI Final for February: 47.6 (Forecast 47.3, Previous 47.3)

  • German Manufacturing PMI Final: 46.5 (Forecast 46.1, Previous 46.1)
  • French Manufacturing PMI Final: 45.8 (Forecast 45.5, Previous 45.5)
  • Italian Manufacturing PMI Final: 47.4 (Forecast 46.7, Previous 46.3)
  • Swiss Manufacturing PMI Final: 49.6 (Forecast 48.2, Previous 47.5)
  • Spanish Manufacturing PMI Final: 49.7 (Forecast 51.4, Previous 50.9)
  • Norwegian Manufacturing PMI Final: 51.9 (Previous 51.2)

Despite higher than expected final S&P Manufacturing PMI readings from major European economies such as Germany or France, EURUSD pair didn't react positively on the news, trying to find support slightly below 1.04 level.

 

Source: xStation5

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