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Friday, March 24, 2017

[FOREX NEWS] German PMIs beat expectations – EUR/USD supported

Markit’s purchasing managers’ indices were expected to remain mostly unchanged: manufacturing to stand at 56.5 and services at 54.6 points. Any score above 50 represents economic expansion. Germany is the largest economy in the euro-zone. EUR/USD was on a recovery path ahead of the publication, trading around 1.0780. Beforehand, the pair dropped on due to a greenback [...]

The post German PMIs beat expectations – EUR/USD supported appeared first on Forex Crunch.



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