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Forex News / Euro Surges As German and French PMI Readings Cross into Expansion

21.08.2009

Euro Surges As German and French PMI Readings Cross into Expansion

Forex News /

The Euro spiked higher after German PMI figures showed the region’s largest economy adept development in its help sector. The PMI reading jumped to 54.1 from 48.1 which obliterated forecasts of 48.6. The impress came on the heels of the French manufacturing PMI crossing the wires in grow area at 50.2.



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