Wednesday, October 24, 2012

German PMIs Disappoint – EUR/USD Slides

German manufacturing PMI took a dive to 45.7 points, and the services sector also disappointed by remaining under 50 points. EUR/USD is now sliding within the range, from close to 1.30 down to 1.2970. Support is found at 1.2960. Germany’s important manufacturing sector was expected to rise from a PMI of 47.4 to 48.1 points,
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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