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Euro Outlook Shaky on Upcoming PMI Data, Renewed Trade Risks

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Old 04-12-2019, 11:27
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Default Euro Outlook Shaky on Upcoming PMI Data, Renewed Trade Risks

The Euro may fall against its major counterparts if local PMI data and escalating EU-US trade tensions fuel the urgency for ECB rate cuts. This may also cause EUR/USD to trim its recent gains.

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