[FOREX NEWS] German PMIs beat expectations – EUR/USD supported

Markit’s purchasing managers’ indices were expected to remain mostly unchanged: manufacturing to stand at 56.5 and services at 54.6 points. Any score above 50 represents economic expansion. Germany is the largest economy in the euro-zone. EUR/USD was on a recovery path ahead of the publication, trading around 1.0780. Beforehand, the pair dropped on due to a greenback [...]

The post German PMIs beat expectations – EUR/USD supported appeared first on Forex Crunch.

via Forex Crunch

[FOREX NEWS] Trump’s ultimatum: win-win now, lose-lose later

Republican lawmakers are still negotiating the AHCA bill, aka Trump-care. The legislation that is meant to repeal and replace Obamacare does not have enough support from the ruling Republicans to pass the vote in the House, a first step. Given the opposition from within, President Donald Trump decided to set an ultimatum: a vote on Friday [...]

The post Trump’s ultimatum: win-win now, lose-lose later appeared first on Forex Crunch.

via Forex Crunch