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Germany January construction PMI 50.7 vs 53.3 prior

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Latest data released by Markit – 6 February 2019

ForexLive

Slight delay in the release by the source. Construction activity starts to decline again after a brief recovery towards the end of last year but this basically is a recap of the weaker economic sentiment seen in the German economy as we begin the new year.

EUR/USD sits at 1.1392 currently, a little off the lows of 1.1380 earlier. EUR/GBP sits lower at 0.8791 as the pound holds its own on the day still gyrating around after cable fell below the 1.3000 handle yesterday.

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