Breaking News

Eurozone Retail Purchasing Managers Index (PMI)

Latest Release

Jul 05, 2018

Actual

51.8

51.7

The Retail Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the Retail sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the EUR while a lower than expected reading should be taken as negative/bearish for the EUR.

Importance:

Country:

Currency: EUR

Source: S&P Global

Release Date	Time	Actual	Previous
Jul 05, 2018	08:10	51.8	51.7
Jun 06, 2018	08:10	51.7	48.6
May 07, 2018	08:10	48.6	50.1
Apr 06, 2018	08:10	50.1	52.3
Mar 06, 2018	09:10	52.3	50.8
Feb 06, 2018	09:10	50.8	53.0

News

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Analysis

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We are entering a period of calm in US macro news. This means that it’s mostly up to any positioning readjustment to keep the US dollar from rallying further. Growing focus will be on the eurozone...

Are Currencies At The Cusp Of A Turn? By Kathy Lien - Jul 09, 2018

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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.All of Tuesday's major currencies traded higher against the U.S. dollar except for the Japanese yen and Swiss franc. USD/JPY in...

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