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EMU: Manufacturing PMI (Aug) at 50.7

FXStreet (Edinburgh) - The manufacturing gauge of the PMI for the euro area remains in expansionary territory during August, despite coming down to 50.7 vs. 50.8 forecasted and July’s 51.8. The German measure followed suit, down to 51.4 from 52.4.

GBP/USD remains bid above 103.50 – Commerzbank

According to Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair will remain bullish as long as trades above the mid-103.00s....
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Austria Unemployment rose from previous 286.4K to 292.3K in August

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