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AUD-bulls on sidelines pre-RBA

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    UK PMI Heralds positive surprise Brenda Kelly With a week heavy on both macro and corporate data, it’s all about PMI readings today and so far the manufacturing sector has not exactly given much to cheer about. In China, the manufacturing PMI fell to 49.4 in January, its lowest since August 2012 and a sixth consecutive reading below the 50 marker, but new orders sub-index improved to the highest in 7 months according to Caixin. Shanghai’s Composite fell by 1.78%. German manufacturing has also

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