France S&P Global Manufacturing PMI comes in at 49.8 against 50 consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
The France S&P Global Manufacturing PMI for August 2026 was released at 49.8, coming in below the consensus expectation of 50. This figure also represents a decline from the previous month’s reading of 50. The actual print registered a 0.4% negative surprise compared to the market consensus.
Following the release, EUR pairs showed mixed and generally limited movement in the initial 15 minutes. EURAUD gained 4.4 pips, while EURCAD declined by 1.4 pips. EURCHF saw a modest gain of 0.3 pips, and EURGBP rose by 2.6 pips. EURJPY declined by 2.4 pips, EURNZD gained 7.3 pips, and EURUSD fell by 1.9 pips. These initial movements are small when compared to the historical median 1-hour moves for these pairs, which typically range from 8 pips for EURCHF and EURGBP to 17 pips for EURNZD after similar releases.