Latest data released by Markit - 5 March 2019
- Composite PMI 50.4 vs 49.9 prelim
Preliminary readings can be found here. Bit by bit, the sentiment here will help to provide some relief for the euro as the services sector continues to help give a boost to the Eurozone economy.
Further traction in the coming months could start to breathe life into the narrative of a possible rebound in the economy. EUR/USD is trimming its losses now moving up to 1.1331.