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USD Under Pressure As US Services Sector Contracted For First Time Since Oct. 2013

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The released of disappointing US data on Wednesday helped EUR/USD to stabilised above the 1.10 threshold. Market services PMI fell below the 50 mark, which indicates that the sector contracted compared to the previous month, as it printed at 49.8 versus 53.5 previous reading and median forecast. This is the[​IMG]

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