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fxJun 23, 2026, 1:20 PM

Eurozone PMIs Show Two-Speed Recovery in June: TD Securities

TD Securities notes June Eurozone PMIs highlight a divergence between stabilizing German manufacturing and continued weakness in France.

EURUSD

TD Securities' Global Strategy Team reports that the final June Eurozone PMI data confirm a two-speed recovery within the bloc.

German manufacturing appears to be stabilizing, while French figures remain weak, pointing to uneven economic performance across the region.

The data keep the European Central Bank's policy path data-dependent, with no clear near-term direction for the euro.

Source: FXStreet Forex News