EUR/USD climbs ahead of PMIs

FXstreet.com (London) - EUR/USD has seen bullish momentum in the early morning session ahead of Markit flash PMIs.

Today sees flash Eurozone PMIs with expectations of a 0.3 percent rise in German numbers to 54.6. However, while expectations are for bullish German data, recent French numbers point to a subdued print. Expectations are for a flat month-on-month print, however downside risks prevail given recent data.

EUR/USD is currently trading at USD1.3589, up 0.31 percent on the session.