France Services PMI comes in at 48 against 48.4 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The France S&P Global Services PMI for September was released at 48 today, September 3, 2026, falling below the consensus estimate of 48.4. This figure also represents a decline from the previous reading of 48.4. The actual print registered a -0.8% surprise compared to the market consensus.
Following the release, the Euro exhibited varied price action across major pairs. EURAUD moved -17 pips 15 minutes after the release, while EURJPY moved -22 pips. EURNZD registered a -16 pip move. EURCHF moved -2.2 pips, and EURCAD moved -0.3 pips. EURGBP saw a +0.2 pip move, and EURUSD moved +0.7 pips. These observed 15-minute movements are generally small when compared to the historical median 1-hour moves for these pairs, which range from 6 pips for EURCHF to 17 pips for EURNZD after past releases of this type.