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EUR/USD: Market's sentiment improved this Wednesday

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Market's sentiment improved this Wednesday, helped by an uptick in China’s economic activity, which cooled off the selloff in Asian share markets. The Chinese Caixin nonmanufacturing PMI printed 52.2 in March, above the 51.2 from February, bringing the composite PMI to 51.3 from 49.4 in February, indicating that the continued PBoC easing is finally offering some results. The American dollar managed to advance some against the common currency, but once again, investors chose to sell the

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