Germany Markit Manufacturing PMI increase to 54.2 in December; Services PMI: 54

Dec 16, 2013

USD/JPY climbs off support at 1H 200 SMA

USD/JPY posted an overnight high at 103.29, before declining to post a low at 102.64, before finding support at the hourly 200 SMA around 102.73 and climbing to where we are presently trading at 102.92.

Germany: Flash PMI Manufacturing rises to 54.2 in December

Preliminary German PMI Manufacturing increased to 54.2 points in December, from 52.7 points in November, according to data released today by Markit. The result is above market consensus of 53 points.