Euro zone November PMI roundabout what was expected

Euro zone November manufacturing PMI has come in at 51.0, up from 50.7 in October, slightly lower than median forecast of 51.2 but the highest read since March 2008.

Services PMI in at 53.2, up from 52.6 in October, slightly better than median forecast of 52.9 and a 2-year high.

Composite 53.7, up from 53.0 in October, slightly better than median forecast of 53.4 and a 2-year high.

EUR/USD down at 1.4975, having run into aforementioned sell orders at 1.4990.