News Headline Summary

Less than impressive Services PMIs from the Eurozone continues to weigh on EUR/USD, which despite bouncing off earlier lows, sits lower by 20 pips and in close proximity to a touted barrier level of 1.2750

Analysis details (03:15)

- In addition to that, persistent below 50 readings, underpin the dire state that some economies are in and with the pace of deleveraging yet to slow down, there is a risk of another credit crunch in the bloc.

06 Nov 2012 - 03:09 - Forex - Source: RANsquawk

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