French manufacturing PMI jumped above the 50 point mark separating growth and contraction and scored 50.4 points. Also services came out better than expected came out at 51.2 points. The composite figure is 50.4, also rising above 50 after sitting below the figure for quite some time.
EUR/USD is moving a big higher with 1.1145. Will German PMIs follow and provide optimism as well?
Read the rest of the article French PMIs beat for a change – EUR/USD ticks higher