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The forex markets are relatively calm today, as major currency pairs and crosses gyrate within familiar ranges, digesting recent moves, and awaiting fresh data. Euro is having a slight recovery, supported by mixed PMI data that reflected an improving outlook in Germany, offset by a more concerning deterioration in France. Inflationary pressures continue to linger, […]

The post Euro Offered Relief With PMI Data Backing 25bps ECB Cut in Dec appeared first on Action Forex.

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