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 Euro Pares Recent Losses After German PMI Report

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PostSubject: Euro Pares Recent Losses After German PMI Report   Euro Pares Recent Losses After German PMI Report Icon_minitimeThu Sep 20, 2012 11:27 am

Euro Pares Recent Losses After German PMI Report


The euro erased some of its recent losses against most of its major rivals after a report showed that both the German manufacturing and services PMI rose more than expected in September.
As of 3:34 am ET, the common currency was trading at 101.40 against the yen, 0.8020 versus the pound, 1.2670 against the US dollar and 1.2090 against the Swiss franc.

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