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Video: Will Soft PMIs Weigh on the Euro?

Video: Will Soft PMIs Weigh on the Euro?

Christopher Vecchio, CFA, Senior Strategist

Currency Analyst Christopher Vecchio (@CVecchioFX) discusses the implications of incoming European economic data, why the Euro's gains in the near-term may be overdone, and why a short-term turnaround in the EURUSD could develop on the back of disappointing PMI surveys. The pairs covered are EURGBP and EURUSD.

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--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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