The Analytical Overview of the Main Currency Pairs on 2021.0 | Justforex
The Analytical Overview of the Main Currency Pairs on 2021.03.25
The main Wednesday event was the release of PMI data from IHS Markit. According to preliminary data, Germany’s production rose at a record pace in March, which led to the European economy’s recovery. Purchasing managers' indices from the two largest Eurozone economies – Germany and France – surpassed economists' estimates as orders soared and confidence that quarantine measures would eventually end boosted hiring. In Germany, the survey results are "hinting at the prospect of a better-than-expected economic performance in the first quarter," said Phil Smith, an IHS Markit economist.
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