United Kingdom S&P Global Services PMI came in at 50.9, above expectations (50.2) in May

Jun 4, 2025

United Kingdom S&P Global Composite PMI registered at 50.3 above expectations (49.4) in May

EUR: Staying below 1.140 for now – ING

As we had anticipated, EUR/USD was looking a bit too expensive close to 1.145, and the bounce below 1.140 is probably due to some short-squeezing, ING's FX analyst Francesco Pesole notes.