German Preliminary Manufacturing PMI drops to 64.0 in May vs. 65.9 expected, EUR/USD unmoved

  • German Manufacturing PMI arrives at 64.0 in May vs. 65.9 expected.
  • Services PMI in Germany expands to 52.8 in May vs. 52.0 expected.
  • EUR/USD remains unfazed around 1.2230 on mixed German PMIs.

 

more to come ...

Germany Markit Services PMI came in at 52.8, above forecasts (52) in May

Germany Markit Services PMI came in at 52.8, above forecasts (52) in May
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USD/CHF drops to fresh three-month lows, around mid-0.8900s

The USD/CHF pair reversed an early European session dip to fresh three-month lows and was last seen trading in the neutral territory, around the 0.897
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