RTTN:Euro Down Ahead Of Eurozone's July PMI Report
(RTTNews) - Eurozone PMI data is due at 4:00 am ET. The composite PMI is expected to remain stable at 46.4 in July. At the same time, the services PMI is expected to remain unchanged at 47.1.
The euro edged lower against its major rivals ahead of the report. As of 3:55 am ET, the common currency was trading at 1.2097 against the dollar, 94.52 against the yen, 0.7810 against the pound and 1.2012 against the Swiss franc.