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    FX Charts - Euro Climbs to 1.1180 on Strong French Manufacturing Data

     

    The euro rose against the dollar to 1.1180 from 1.1075 in Europe after the French Manufacturing PMI rose to 51.6 beating the estimate of 48.5 (April 51.4%) combined with the weaker dollar as the market continues to digest the dissapointing FOMC minutes yesterday which implied that a rate hike was unlikely.

    EUR.5.21 resized 600

    GBP.5.21 resized 600

    CHF.5.21 resized 600

    Charts: WorldWideMarkets Alpha Trader

    Forex Trading Demo
     

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