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EUR/USD falling to 1.3300 despite positive Eurozone PMI

Date: Thursday 22 Aug 2013

EUR/USD falling to 1.3300 despite positive Eurozone PMI

The common currency seems indifferent to the latest economic data out from the Eurozone with the EUR/USD in free-fall towards 1.3300. The 'flash' composite PMI rose to 51.7 from 50.5 on the month and, according to Ishaq Siddiqui, market strategist at ETX Capital: "Encouragingly, the report is consistent with the expansion...

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