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EUR/USD Hit By US Manufacturing Surprise
Stocks, Unit trusts, Wealth Management and Forex markets
02-05-2012, 01:21 PM
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The one
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Join Date: May 2000
Location: UK
Posts: 97,394
Potenza rep: 10
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EUR/USD Hit By US Manufacturing Surprise
On Tuesday Euro/Dollar decreased with 80 pips. The European currency depreciated from 1.3284 to 1.3203 yesterday on US manufacturing surprise, not matching the positive Interbank sentiment projection at over +13%, closing the day at 1.3236. This morning the Euro is trading quietly, with movements at the lower end of yesterday's range for now. 
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