Newsig · Forex News
France PMI jumps back into expansion in September but inflation pressures complicate the ECB outlook
France September flash services PMI 51.4 vs 48.3 expectedPrior 48.0France September flash manufacturing PMI 50.3 vs 50.9 expected Prior 51.1France September flash composite PMI 51.2 vs 48.7 expectedPrior 48.5That is a strong read as French business activity moved back into expansion territory (>50.0
Why it matters
EUR/USD (Euro / US Dollar) · Why linked: Eurozone inflation and growth data shape ECB rate path expectations. Market context: Stronger activity combined with inflation pressures reduces odds of aggressive ECB rate cuts, potentially supporting the euro.
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