08:15 - Spain, services PMI data for December. Current: 57.3 Forecast: 54 Previously: 53.1
08:45 -Italy, PMI data for services for December. Current: 50.7 Forecast: 50 Previously: 49.2
08:50 -France, PMI data for services for December. Current: 49.3 Forecast: 48.2 Previously: 46.9
08:55 - Germany, PMI data for services for December. Current: 51.2 Forecast: 51 Previously: 49.3
09:00 - Eurozone, PMI data for services for December. Current: 51.6 Forecast: 51.4 Previously: 49.5
The EURUSD pair is gaining after the publication of better-than-expected PMI data for services for December. Better data, suggesting improving economic conditions in the main economies of the European Union, may encourage the ECB to cut rates more slowly, which naturally strengthens the EUR.
Source: xStation
Chart of the day - EURUSD (17.10.2025)
BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher
Economic calendar: Eurozone inflation at the week’s close
BREAKING: Sweden's Unemployment Rate Slightly Decreases