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EUR/USD clings to mild losses below 1.0900 ahead of the Eurozone PMI data
aThe EUR/USD pair sticks to mild losses during the early Asian session on Thursday. Investors will closely watch the Eurozone PMI data due later on Thursday. The Eurozone Manufacturing PMI is expected to rise to 43.4, the Services PMI is estimated to grow to 48.1 and the Composite PM is expected to rise to 46.8. Markets remain quiet ahead of Thursday's Thanksgiving Day holiday in the United States. The major pair currently trades around 1.0888, up 0.01% on the day. On Wednesday, Bundesbank President Joachim Nagel said that interest rates in the Eurozone are close to their peak. He emphasized that economic data would ... (full story)