European data are starting to look really bad. Headline PMI indices (black) are falling sharply across the Euro zone and Poland and are everywhere below the critical 50 threshold. Weak data are going totally under the radar because everyone's fixated on Euro going up to 1.20… pic.twitter.com/xbAACIcVJF
— Robin Brooks (@RobinBrooksIIF) May 8, 2023
Strong US data and weak EU data.
Then $EURUSD goes up.
— ＴＨＥ ＭＡＲＫＥＴ ＤＯＧ (@TheMarketDog) May 8, 2023