EUR/USD Little Changed, Euro Area PMI Slips

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EUR/USD is trading at 1.1032, up 0.0001. The pair is trading on both sides of unchanged early Friday morning. Market chatter about European economic data is making the rounds. The Euro area July manufacturing purchasing managers survey (PMI) fell to 51.9 from 52.8 in June, the services PMI slipped to 52.7 from 52.8 and the composite PMI slipped to 52.9 from 53.1. France's manufacturing PMI for July edged higher to 48.6 from 48.3 in June, the services PMI rose to 50.3 from 49.9 and the composite PMI improved to 50 from 49.6. Germany's manufacturing PMI fell to 53.7 from 54.5, the services PMI improved to 54.6 from 53.7 and the composite PMI rose to 55.3 from 54.4. Trading is rangebound.
Posted In: FuturesForexMarketsEUR/USDeuro
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