Latest data released by Markit - 24 January 2019
Well, the expectation here was for a rebound in sentiment following the yellow vest protests but alas that is not to be. The readings here are worse than what they were in December - for services and composite prints that is - and that is weighing on the euro at the moment. For some context, the composite print is the weakest since November 2014.
EUR/USD slips to a low of 1.1341 from 1.1370 on the back of this release here. Expect the Eurozone print later to reflect a similar kind of reading as well.
