India HSBC Composite PMI down to 59.4 in January from previous 59.5

The EUR/USD pair struggles to capitalize on the previous day’s modest bounce from the 1.1780-1.1775 area, or over a one-week low, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.1815 zone, nearly unchanged for the day, as traders keenly await the release of the flash Eurozone consumer inflation figures.

Source: https://www.fxstreet.com/news/india-hsbc-composite-pmi-down-to-594-in-january-from-previous-595-202602040500