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EUR/USD lifts after German services PMI data rises above 50
Following on from the French flash PMI data, the German equivalent has just been released. The markets were not expecting much in the way of improvement from the previous readings. The EUR/USD had not really reacted much to the mixed French data a short while ago and it was certainly no lower leading into the German numbers. Well, has lifted after the German data came in mixed too. Manufacturing fell but services jumped above 50 for the first time in quite a while, at 51.0. The EUR/USD is currently trading at 1.0522
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