Monday, April 2, 2012

Forex - EUR / USD: The euro falters after a bullish start to the day, the dollar investor preference harvest this afternoon

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Forex - EUR / USD: The euro falters after a bullish start to the day, the dollar investor preference harvest this afternoon
official Chinese manufacturing PMI (as opposed to the PMI calculated by HSBC) has in fact increased to 51.3 points in March, against 51 the previous month, and the highest for a year.
German manufacturing PMI has also been encouraging, with 48.4 points for the month of March, against 48.1 consensus, while the euro area remained stable at 47 , 7 points, as expected.
reassuring comments for the U.S. economy from Richard Fisher , president of the Dallas Fed.
U.S. ISM manufacturing of March turned out better than expected, which probably increased the appetite of traders for the dollar, although the published simultaneously on the other hand proved very disappointing, with an unexpected fall.


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