European Session – Euro buoyed by PMI data, ECB in focus
Posted on December 4, 2013 at 1:38 pm GMTThe euro gained against the dollar after a slew of mixed data out of the Euro zone today, while focus turns to the European Central Bank policy meeting tomorrow. Services PMI data showed activity expanded in Germany and Spain but there was contraction in France and Italy. Other data showed Eurozone retail sales numbers were below forecast with a 0.2% decline despite expectations for a 0.2% increase. The euro rose 0.14% to end the European session at 1.3598. Sterling ended [..]