EUR/USD Tradomg Higher; Euro Area Composite PMI Improves, Spain's Consumer Confidence Falls

EUR/USD is trading at 1.0539, up 0.032. Markit's Euro area February services PMI (purchasing managers survey) rose to 55.5 from 53.7 in January. The Euro area February composite PMI (purchasing managers survey) rose to 56 from 54.4 in January. Spain's National Statistics Institute (INE) reported that Spanish consumer confidence slipped to 95.1 in February versus 98 in January.