Germany: PMI Services rises to 54.7 in April

FXStreet (Łódź) - German PMI Services grew to 54.7 points in April, following a 53 point reading the previous month, Markit informed on Tuesday. This reult is below expectations of a rise to 55.

EUR/GBP is around 0.8220, and may retreat

EUR/GBP started the day at 0.8215, and moved back and forth during Asian trades, reaching 0.8213 low, but got some fuel from EUR/USD and came back above 0.8220 at the moment.
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Geopolitical jitters threaten to escalate further – Danske Bank

In the opinion of Sverre Holbek, Senior Analyst at Danske Bank, tensions in Ukraine are growing bigger...
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