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EMU: Manufacturing PMI down a notch in February

FXStreet (Barcelona) - Preliminary Eurozone PMI Manufacturing ticked down to 53 points in February, from 54 points in January, according to data released today by Markit. Analysts expected no change.

Eurozone Services PMI rose to 51.7 points in February, from 51.6 points in January, slightly below market consensus of 51.9 points.

PMI Composite slid to 52.7 points, from 52.9 and against forecasts of a rise to 53.1.

Flash: AUD/USD has failed at 0.9079/86 resistance and is back under pressure - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that AUD/USD has reacted lower from 0.9079/86, the January high and 38.2% retracement of the move down from the end of October.
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