7:34 AM · 22 September 2023

PMI rebounds in Germany, massive declines in France. Euro recovers from losses

EUR/USD

Forex

Germany:

Manufacturing PMI: 39.8 (expected: 39.5; previous: 39.1)
Services PMI: 49.8 (expected: 47.1; previous: 47.3)

France:

Manufacturing PMI: 43.6 (expected: 46.1; previous: 46.0)
Services PMI: 43.9 (expected: 46.0; previous: 46.0)

A real roller coaster on EURUSD in the last minutes. First, dismal data from France, and now better data from Germany, although indicating a recession. EURUSD is recovering, although investors are somehow not strongly positive.

6 January 2026, 2:51 PM

BREAKING: EURUSD muted; US services growth cools in December as demand softens 📌

6 January 2026, 2:22 PM

Barkin and Miran remain on opposite sides of the Fed policy path🎙️

6 January 2026, 1:07 PM

BREAKING: German inflation comes in significantly below expectations, EURUSD slips 📉

6 January 2026, 9:35 AM

BREAKING: European PMIs slightly weaker than expected; Spain stands out positively 🔎

Economic reports

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