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The flash US November PMI data has just hit the screens. The services index was forecast to remain at 55, it has risen to 57. The manufacturing index was forecast to rise to around 49, from 48.5, it has risen to 48.8, which was more of less in line with forecasts. Prior to these releases, the US stock markets had opened higher and the Dow Jones was rising well above 44k. The index opened officially today at 43,871 and lifted almost vertically to 44,153 ahead of this PMI data. The USD/JPY has just now spiked close to the 155 handle, as it reacts positively to the data and the Dow Jones has risen to session highs right now at 44,180
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
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