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EUR/USD Steady, German Composite PMI Slips

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EUR/USD is trading at 1.1209, up 0.0001.

The pair is trading in a narrow range Friday morning.

Markit report that Germany's September Manufacturing PMI (purchasing managers survey) rose to 54.3 from 53.6 in August. The services PMI dipped to 50.6 from 51.7.

The composite PMI slipped to 52.1 from 53.3. It was the weakest expansion in private sector activity in nearly one and a half years. Services output was described as stagnant and manufacturers showed solid growth.

Posted-In: EUR/USD euroFutures Forex Markets

 

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