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Mar 24 - 06:55 AM

EUR/USD - Big PMI Beat Lifts EUR/USD From The Brink

By Jeremy Boulton  —  Mar 24 - 05:02 AM
  • German manufacturing PMI 66.6 in March from 60.7 (60.8 f/c)

  • German service PMI rises to 50.8 from 45.7 was f/c 46.2

  • EZ March composite 52.5 from 48.8 and vs 49.1 f/c

  • EUR/USD fell to 1.1812 EBS ahead data reached 1.1827 after

  • close in relation to the 200-DMA at 1.1858 is key

  • While below the situation remains bearish nL1N2LM0G0

  • Core FX trend is negative for EUR nL1N2LM0H0




German PMI Click here

Source:
Refinitiv IFR Research/Market Commentary

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