Euro Zone Services PMI's slightly above forecasts; Euro unchanged

Euro Zone Services PMI's slightly above forecasts; Euro unchanged

  • Posted Wednesday, August 05, 2009 -
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FXstreet.com (Barcelona) - Euro Zone services PMI Index has risen to 45.7 in July from 44.7 in June, somewhat above the 45.6 reading forecasted by market analysts, while German services PMI rose from 45.2 to 48.1 in July.The Euro has not been affected by the improvement in services sectors Activity, and the pair moves right in the middle of the 1.4370 to 1.4430 range.For more information, read our latest forex news.

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