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    EUR/USD: general analysis on 25.02.2016

    The EUR/USD pair gains support from weak macroeconomic data, released on Wednesday in the US. In particular, New Home Sales – an important measure of property market conditions – fell below the forecast to 494K. Market participants were also disappointed by data on Markit Services PMI. The index came in at 49.8 points that suggests an economic slowdown in the US.

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