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Forex Analysis

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Forex Analysis Headlines

UK manufacturing PMI jumps to 57.3 – GBP follows

The UK manufacturing sector is set to grow at a robust pace. The manufacturing PMI stands at 57.3, a big beat on expectations. Are British manufacturers optimistic about the post-Brexit world? GBP/USD jumps above 1.29 and hit a session high of 1.2910. ...

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AUD/USD holds 0.75 after RBA, Chinese PMIs

AUD/USD currently trades above 0.75. The pair is off the low support levels of 0.7450 but certainly not going anywhere fast. There are several factors moving the Australian dollar, keeping it at its current levels. RBA holds as expected At ...

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US ISM Manufacturing PMI slips to 54.8 – USD follows

The US manufacturing sector is slowing down according to the ISM measure: a score of 54.8 points, significantly below expectations. The employment component took an even bigger dive: 52 points in April after 56 points in March. This implies a slower pace ...

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