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German Preliminary Manufacturing PMI rises to 66.4 in April vs. 65.8 expected, EUR/USD unfazed

  • German Manufacturing PMI arrives at 66.4 in Apr vs. 65.8 expected.
  • Services PMI in Germany expands to 50.1 in Apr vs. 50.8 expected.
  • EUR/USD remains firmer but below 1.2050 on mixed German PMIs.

The German manufacturing sector continued to improve in April, the preliminary manufacturing activity report from IHS/Markit research showed this Friday.

 

more to come …

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