OctaFX | OctaFX Forex Broker
Open trading account
Back

Eurozone services PMI for October confirmed higher

FXStreet (Mumbai) - The Eurozone Services Business Activity Index posted 54.1 in October, up from September’s seven-month low of 53.7 but below the earlier flash estimate of 54.2.

The activity ticked higher on account of improved levels of new business, rising backlogs of work and increased employment. New orders expanded at the fastest pace since July, while the pace of job creation rose to one of its quickest during the past four-and-a-half years.

Average prices charged for services in the Eurozone fell slightly during October, while the input costs rose moderately.

USD keeps its bullish stance intact – BAML

According to BofA Merrill Lynch Global Research, the greenback’s bullish prospect for the upcoming periods remain unchanged...
Read more Previous

EUR/USD eyes post-FOMC lows on PMIs

The offered tone on the EUR strengthens following the release of final services PMI readings across the euro area economies, now pushing EUR/USD towards fresh session lows.
Read more Next
Start livechat