EUR/USD gained today as Germany and France discussed changes to the European Union treaties that may result in stronger fiscal integration of the EU members. The negative data from the United States also helped the currency pair.
ISM services PMI posted a decrease to 52.0% in November from 52.9% in the month before instead of the expected increase to 53.6%. (Event A on the chart.)
Factory orders declined 0.4% in October, compared to the median forecast of a 0.2% drop and the September decline of 0.1% (revised from the 0.3% gain). (Event A on the chart.)
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