India HSBC Composite PMI down to 59.4 in January from previous 59.5

Feb 4, 2026

India HSBC Services PMI below expectations (59.4) in January: Actual (58.5)

EUR/USD gains ground above 1.1800 ahead of Eurozone HICP release

The EUR/USD pair trades on a firmer note near 1.1830 during the early European session on Wednesday. Nonetheless, the upside for the major pair might be limited as traders remain cautious after a partial government shutdown swiftly ended.