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Eurozone Preliminary Manufacturing PMI arrives at 54.7 in Jan, EUR/USD nears 1.2200

  • Eurozone Manufacturing PMI arrives at 54.7 in Jan vs. 54.6 expected.
  • Bloc’s Services PMI stands at 45.0 in Jan vs. 45.0 expected.

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European Monetary Union Markit PMI Composite came in at 47.5, below expectations (47.6) in January

European Monetary Union Markit PMI Composite came in at 47.5, below expectations (47.6) in January
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EUR/GBP sits near session tops, around 0.8900 mark post-Eurozone PMIs

The EUR/GBP cross refreshed daily tops during the early European session, with bulls now looking to build on the momentum further beyond the 0.8900 ma
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