Friday, 21 August 2009

PMI's for EUR to be released today.

European Purchasing Managers’ Indices are spread over a full hour on Friday morning. All the figures are expected to continue rising very slowly, but none are expected to reach the 50 point mark, which is the border between contraction and expansion.

The Existing Home Sales data in America will be released today and the forecast is positive and that may uptrend the USD vs. EUR