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The December flash French Services and Manufacturing PMI data has just been released and it has been mixed, with a miss on Manufacturing but a beat on Services. The EUR/USD was edging lower leading into this data has slipping back towards that 1.05 handle. The mixed data has not really helped it much, but it did lift slightly off the lows as an immediate reaction. Next up comes the German data, at 8.30am GMT and that could be the decider in terms of where the Euro might trade towards in the short term. The EUR/USD is currently trading at 1.0505
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
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