FXstreet.com (Barcelona) - The single currency is showing no big reaction after mixed June PMI data of euro zone members on Monday. Manufacturing PMI indexes have shown some improvement in Germany and Italy, while France and Spain have registered lower prints and the pan-European composite have come in unchanged from May.
Continuing with the results, the jobless rate in Italy has decreased to 10.1% during May, down from 10.2% in the prior month.
Across the pond, ISM Manufacturing PMI and construction spending are due later on in. Prior surveys expect the headlines to come in lower to 52.0 and +0.2% respectively.
EUR/USD is now losing 0.31% at 1.2637 with the next support at 1.2583, followed by 1.2553 then 1.2530 and 1.2497
On the upside, a breakout of 1.2699 would bring 1.2708 then 1.2748 and 1.2778
Continuing with the results, the jobless rate in Italy has decreased to 10.1% during May, down from 10.2% in the prior month.
Across the pond, ISM Manufacturing PMI and construction spending are due later on in. Prior surveys expect the headlines to come in lower to 52.0 and +0.2% respectively.
EUR/USD is now losing 0.31% at 1.2637 with the next support at 1.2583, followed by 1.2553 then 1.2530 and 1.2497
On the upside, a breakout of 1.2699 would bring 1.2708 then 1.2748 and 1.2778
