Germany’s manufacturing sector experienced deeper contraction in March while the services sector performance improved, the preliminary business activity report published by the HCOB survey showed Thursday.
Germany’s Manufacturing PMI droppedto 46.1 in March vs. 43.1 estimate. Services PMI for the German economy roseto 49.8 in March vs. 48.8 expected. EUR/USD falls below 1.0900 after mixed German PMIs. TheHCOBManufacturing PMIin the Eurozone’s economic powerhouse deteriorated to 41.6 this month, as against the 43.1forecastandFebruary’s 42.5. The index hit the lowest level in five months. Meanwhile, ServicesPMIrose from 48.3 in February to 49.8 in March, missing the expected 48.
Euro price today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the Swiss Franc. USD EUR GBP CAD AUD JPY NZD CHF USD 0.39% 0.28% 0.17% -0.15% 0.45% 0.10% 1.18% EUR -0.35% -0.07% -0.22% -0.54% 0.04% -0.24% 0.83% GBP -0.24% 0.11% -0.11% -0.43% 0.15% -0.17% 0.94% CAD -0.14% 0.25% 0.11% -0.29% 0.26% -0.06% 1.04% AUD 0.19% 0.58% 0.44% 0.32% 0.57% 0.26% 1.37% JPY -0.37% -0.08% -0.17% -0.27% -0.59% -0.31% 0.74% NZD -0.05% 0.
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