Germany Markit Services PMI above forecasts (55.3) in March: Actual (55.4)

FXStreet.com (Barcelona)

Apr 7, 2015

Germany Markit PMI Composite climbed from previous 53.8 to 55.4 in March

USD weakness in the near-term might remain limited – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, explains that recent US ISM and services PMI suggest that the US economic slowdown in US would likely prove temporary, which would limit the near-term USD weakness.