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EUR/USD Hit By US Manufacturing Surprise

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Old 02-05-2012, 01:21 PM
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Default 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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