EMU: PMI Manufacturing up to 52.7 in December, as expected

FXstreet.com (Barcelona) - Eurozone PMI Manufacturing increased to 52.7 points in December, from 51.6 points in November, according to data released today by Markit. This result is in line with forecasts.

Jan 2, 2014

Flash: EUR/USD spike higher failed at 6 year resistance line - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that EUR/USD at the end of last year we saw the market spike towards and fail at the 2008-2014 resistance line, this is currently located at 1.3885.

Flash: Euro on shaky ground - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ believes that the euro is on shaky ground here at these levels and there are numerous factors suggesting downside risks in the early part of the new year.