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Jun 21 - 07:24 AM
EUR/USD - Euro Zone Data Should Undermine A PMI Boosted EUR/USD
First appeared on eFXplus on Jun 21 - 05:15 AM
  • Better French and German PMI data boosted EUR/USD slightly
  • Euro zone manufacturing PMI contrasted the better news, missed f/c
  • A weak periphery weighing and set to drag on a weakened core
  • New orders just 46.6. Future output lowest since Oct 2014 nL8N23S1FI
  • EUR/USD rallied 1.1285-1.1319 on initial French/German releases
  • Pair since back towards EUR 3.2bln expiries 1.1200-10, risk deeper setback

EZ PMI Click here

Refinitiv IFR Research/Market Commentary


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