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

7 May 2026, 7:05 AM

BREAKING: Strong data from the German manufacturing sector!

6 May 2026, 7:04 PM

Daily summary: Oil slumps 8% supporting Wall Street, precious metals and EURUSD

6 May 2026, 7:10 AM

Economic calendar: ADP report and PMI data from Europe 🔎

6 May 2026, 6:43 AM

Morning wrap (06.05.2026)

Economic reports

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