Home » Currency Note » Currency Note » Currency Note EUR » EUR: markets wait to see if PMIs dip below 50

We’ve got PMIs across the whole region and the main focus will be on how far they have slipped and whether the majority of them dip below 50. The Italians have managed to get their budget passed, and with more and more people thinking the dollar might have peaked, then some feel that the EUR could do well this year. Some upside is possible but limited until we see some much stronger economic data and a central bank committed to raising rates.

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