Forex Flash: EUR PMIs should trek higher - TDS (San Francisco) - As Annette Beacher, Head of Asia-Pacific Research at TD Securities explains: Flash PMIs for December “should continue trekking higher, with more potential upside for manufacturing than services. The November reports noted an improvement in German manufacturing new orders, while French new business fell at its sharpest rate since Apr 2009.” EUR/USD last trades at 1.3085.