U.S. Chicago PMI Down, Euro Stronger
www.fxbom.com
10:08 PM
Observed stronger euro on foreign exchange trading pair EUR/USD and in the range of 1.2260. Strengthening of this currency movement is a response to U.S. economic data has just been released.
The news release indicates signaled a decline in macroeconomic performance characterized by declining production sector, one of the indicators in the United States.
Kingsbury International, Ltd.. on this night (30-06) has just announced that the actual data values the Chicago PMI indicator decreased to 59.1, which had previously been estimated to be 59.1 from the previous period value that is equal to 59.7.
Fxbom.com analysts argue that the impact indicator data releases are expected to be any significant effect on further strengthening of the Euro on the pair EUR/USD.
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