France HCOB Composite PMI below expectations (50.1) in January: Actual (48.6)

Jan 23, 2026

NZD/USD moves away from four-month high, dips below 0.5900 amid modest USD bounce

The NZD/USD pair extends its steady intraday descent from the 0.5930 area, or a four-month high touched earlier this Friday, and slides to a fresh daily low during the first half of the European session.

France HCOB Composite PMI below expectations (50.1) in January: Actual (48.6)

NZD/USD moves away from four-month high, dips below 0.5900 amid modest USD bounce

France HCOB Services PMI came in at 47.9, below expectations (50.5) in January