- US Manufacturing PMI decreased to 57.5 in May from 59.2 in April, below forecasts of 57.9, preliminary estimates showed;
- US Services PMI fell to 53.5 in May from 58.9 in the previous month and well below market consensus of 57.4, a preliminary estimate showed;
EURUSD is trading higher today and today’s data provided more fuel for bulls. The main currency pair approaches a short-term resistance zone in the 1.0735 area. Source: xStation
Economic calendar: Inflation in Europe and US manufacturing in the spotlight📌
📉EURUSD loses 0.3%
Economic calendar: German GDP, US jobless claims and FOMC speeches🎙️ (15.01.2026)
MIDDAY WRAP: Mixed sentiment in Europe, declines on U.S. indices