Today data on the Sentix Investor Confidence and Services PMI were reported.
The final Services PMI rose less than expected with a reading of 54.2 points compared to forecasts of 54.3 points but still higher than the previous reading of 53.7 points. Data on German Services PMI for March came in higher than expected at 55.4 compared to forecasts of 55.3. The French Services PMI was reported at 52.4, below the estimated 52.8.vand below the February reading of 53.4.
Sentix Investor Confidence in the Eurozone rose to a seasonally adjusted 20.0 for April, higher than the previous reading of 18.6 but below the estimated increase to 20.9.
The single currency came under pressure after the data was reported, currently trading at USD1.0853.