European Session – Euro weak as focus turns to ECB
Posted on March 5, 2014 at 2:35 pm GMTToday’s European Session data included the Purchasing Managers Index (PMI) from both the Eurozone and the United Kingdom. There were also retail sales data for the Eurozone. The Eurozone’s composite PMI, which is a gauge of activity in the manufacturing and services sectors, rose in February to the highest since June 2011, at 53.3 versus January’s 51.7. Today’s figure was more than the 51.7 expected. Despite the upbeat data, the euro fell as uncertainty builds ahead of the European Central [..]