A Busy Economic Calendar Puts the EUR in Focus



Its a busy day ahead on the economic calendar. Prelim January private sector PMI figures for France, Germany, and the Eurozone are due out later today.
While Germany‘s manufacturing and the Eurozone’s PMI will be key drivers, any weak numbers would test support for the EUR.
With lockdown measures continuing into January, service sector activity will likely take a hit. To what extent and whether the manufacturing sector is also affected remains to be seen.
At the time of writing, the EUR was up by 0.02% to $1.2167.

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