The Spanish Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy.
The Spanish Manufacturing PMI fell 54.5, from 55.8 in the previous month , Spanish Manufacturing PMI was expected to fall 55.5 last month.
Market Impact : This development pushed the pair towards main support at 1.1107 levels, this might hold, it depends on German Manufacturing PMI next , after 20 min from now !!! stay tuned for updates!!!