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BREAKING: EURUSD moves higher after better than expected PMI reading from Germany 📈

8:34 AM 24 January 2025

08:15 GMT France PMI data for January:

  • Services. Actual: 48.9. Forecast: 49.3. Previously: 49.3.
  • Manufacturing. Actual: 45.3. Forecast: 42.2 Previously: 41.9.

08:30 GMT Germany, PMI data for January:

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  • Services. Actual: 52.5. Forecast: 51.0 Previously: 51.2.
  • Manufacturing. Actual: 44.1. Forecast: 42.7 Previously: 42.5.
 

Source: XTB

Better-than-expected PMI data from Germany lifts the EURUSD pair higher and extends the upswing above the 50-day EMA

 

Source: xStation 

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