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Back Fundamental analysis
Important PMI Data to Set Direction for the Euro and Pound in the First Half of the Day
Preliminary PMI data for May from
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Preliminary PMI data for May from the Eurozone and the UK will be released today in the first half of the day, and the market will focus closely on these figures.For the Eurozone, the consensus forecast for the manufacturing PMI suggests the index will remain near the April level of 52.2, with a slight slowdown to 51.5-52.0. It should be noted that in April, the manufacturing sector posted its best results in nearly 4 years; however, much of that growth
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Miroslaw Bawulski,
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