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Preliminary January PMIs for Germany showed a worsening of the situation contrary to the expected improvement. The composite PMI in January was at 47.1 against 47.4 a month earlier, and there are forecasts of an increase to 47.8. The reason for the deterioration was a dip in the services sector. The index of activity in […]

The post European PMIs weaker than analysts’ forecasts but didn’t disappoint markets appeared first on Action Forex.

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09/07/2024

GBP/USD Outlook: Bulls Pause ahead of Powell

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