German PMIs mixed – EUR/USD maintains new three-year highs

Germany’s manufacturing PMI missed expectations with a 2.1 points drop to 61.2 points. On the other hand, the services PMI jumped by 1.2 points to 57 points. These are mixed figures. EUR/USD is trading at 1.2315, a few pips under the pre-announcement levels, but well within the high range it reached in the Asian session. […]

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