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Better than expected French manufacturing figures released

PMI data served at least to lift EUR/USD to session highs above 1.3080, however it later proved to be short-lived with a 0.75% drop once German data was released

By Richard Nehme | April 24, 2013 10:21 BST
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Better-than-expected French manufacturing PMI data served at least to lift EUR/USD to session highs above 1.3080, however it later proved to be short-lived and we quickly saw a 0.75% drop once German data was released in early trade shortly after. Low of the day was 1.2972 but the Euro rebounded above 1.30 once the US markets re-opened [...]

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