Latest data released by Markit - 2 May 2019

The preliminary reading can be found here. A visible improvement relative to initial estimates and this should feed into more optimism for the euro today. The significance of the revision here is that French manufacturing activity escapes from contraction territory and that will be taken as a positive for euro bulls.

If Germany shows the same kind of improvement, expect the euro to catch more light bids during the session. EUR/USD has moved up to 1.1218 on the back of the release here.