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German PMIs mixed – EUR/USD remains bid

Markit’s flash purchasing managers’ index for April was expected to show a small slide. The manufacturing sector carried expectations for 58 points after 58.3 in March. The services sector was projected to slide from 55.6 to 55.5 points. EUR/USD was moving up ahead of the publication, rising to 1.0737. We had seen a double-top on […]

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