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Euro Rises to 1.2300 As Spanish Debt Auction Succeeds

posted by Avatar fx360 695 days ago in USD, EUR, Daily made popular 695 days ago

A volatile night of trade in the currency market tonight as high beta FX first sold off heavily in Asian trade but managed to recover somewhat in Europe as risk aversion flows subsided. Chinese PMI data printed weaker than forecast at 52.1 versus 53.2 eyed spurring fears that manufacturing sector in the world’s third largest economy was beginning
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