We’re looking for heightened volatility with the release of the Euro Zone manufacturing and services PMI at 08:00 GMT. Flash Manufacturing PMI is expected to come in at 48.2. Flash Services PMI is expected to come in at 53.0.
Better-than-expected data could spike the Euro higher and the U.S. Dollar Index lower. The index could make a new high for the year if the data comes in weaker than expected.