German and EZ PMI’s Touch Contractionary Territory, Parity Resurgence?

EUR/USD ANALYSIS & TALKING POINTS EZ Manufacturing PMI Flash (JULY) – ACT: 49.6; EST: 51 EZ Services PMI Flash (JULY) – ACT: 50.6; EST: 52 EURO ON THE BACKFOOT AFTER DISSAPOINTING PMI’S The euro began its descent today beginning with French PMI’s missing estimates followed by German data which often services as a barometer for …

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