EMU: PMI Services contraction slows down less than expected in May

FXstreet.com (Barcelona) - Eurozone PMI Services increased to 47.2 points in May, from 47 points in April, according to data released today by Markit. Analysts expected more growth to 47.5.

Composite PMI ticked upp to 47.7 from 46.9, as forecasted.

Jun 5, 2013

EU Markit Services PMI improves to 47.2 in May from 47 in April

Flash: USD edges up on majors - OCBC Bank

Emmanuel Ng of OCBC Bank comments that, aided by tapering comments from the Fed’s George, the greenback edged marginally higher against the majors with the AUD and the NZD leading the way lower and the antipodeans also under performing across the board.