Latest data released by Markit - 6 February 2018
- Prior 53.7
That's the steepest increase in activity since 2011. Another good reading on the data front for Germany following the factory orders data earlier.
Markit says that new orders show the sharpest rise in the survey's history and the solid reading here comes from strong expansions in employment and sub-contractor usage.
EUR/USD now at 1.2416, not much changed following a spike earlier to highs of 1.2434. EUR/GBP is up to 0.8889 on the day while EUR/CHF is trading near the highs as well at 1.1585.
