European Market Update: UK PMI Data Registers Its 3rd Miss This Week

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    EUR/USD tested below the mid-1.14 area as the pair remained soft for the 3rd straight session. Dealers noted that price action was simply positioning ahead of Fridays Non-Farm payroll report. ECB monthly bulletin showed that it would maintain appropriate degree of monetary accommodation and use all tools available within its[​IMG]

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