United Kingdom S&P Global Services PMI above forecasts (51.8) in August: Actual (53.6)

Aug 21, 2025

United Kingdom S&P Global Composite PMI above expectations (51.6) in August: Actual (53)

EUR: Optimism over a potential ceasefire/peace fades – ING

EUR/USD is becalmed. It's fair to say that the optimism over a potential ceasefire/peace deal in Ukraine is now fading, as evidenced by EUR/CHF dropping back down to 0.9370, ING's FX analyst Chris Turner notes.