BREAKING: EURUSD rebounds after PMI data and dovishLagarde comments 💡

Germany - PMI data for December

Services. Currently: 51 Forecast: 49.3 Previously: 49.3
Industry. Currently: 42.5 Forecast: 43.1 Previously: 43

France - PMI data for December

Services. Currently: 48.2 Forecast: 46.7 Previously: 46.9
Industry. Currently: 41.9 Forecast: 43 Previously: 43.1

In addition to the PMI data itself, investors are discounting Lagarde's comments. The ECB president announced that the Bank is close to its inflation target, and if nothing extraordinary happens in the market, we can expect further interest rate cuts. The comments were clearly dovish, but with the full valuation of a 50bp cut in January, the market expected such a stance. For this reason, on EURUSD we are seeing a slight attempt to rebound from recent lows.

Source: xStation

6 November 2026, 7:12 PM

Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall

6 November 2026, 1:31 PM

BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge

6 November 2026, 12:10 PM

EURUSD loses ground ahead of NFP

5 November 2026, 12:00 PM

BREAKING: BoE raises interest rates by 25pbs to 4%⏰

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