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European manufacturing PMI revisions mostly disappoint-EUR/USD holding 1.0800 for now

A whole batch of final revisions to prior European wide manufacturing PMI data has now been released this morning and for the most part they have all been revised lower. The notable exception has been Italy, but that slightly higher reading is still well below the 50 mark and hence not expanding. The French data was revised slightly lower to 44, from 44.1 and the German number has just hit the screens. That was previously at 42.6 and it has just been revised higher to 43.2 which is slightly better, but is it is enough to stop the EUR/USD from tripping stops below 1.0798? Perhaps wee shall soon find out. The EUR/USD has so far not bounced much at all on that German data, currently trading at 1.0802 

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