Calendar and Fundamental Analysis EUR / USD: Will the statistics of this Friday, December 1, 2017 allow the Euro to test the 1.20? :

This last day of the week will remain the occasion of several potentially influential statistics on the EUR / USD pair. Let's take stock of the events likely to influence the EUR / USD pair on Friday:

09:55: The day will begin with a new estimate of the German manufacturing PMI in November. The consensus expects figures consistent with the previous estimate, at 62.5 points.

10h: The same statistics for the whole Euro Zone is also expected unchanged compared to the first estimate, at 60 points.

16h: In the United States, the most important statistic will be the US manufacturing ISM of November, for which the consensus anticipates a slight decrease to 58.4 after 58.7 the previous month.

EUR / USD fundamental analysis

After new lows yesterday, the EUR / USD pair has finally rebounded sharply, returning to settle above 1.19. If we stick to the most important statistic of the day, the US manufacturing ISM, the rise could continue, since this statistic of prime importance is expected down according to consensus forecasts.