EUR/USD got supported by German and EMU PMIs

EUR/USD kept moving closer to 1.26 area, as French PMIs came out below expectations; however, German data revived the currency sending to current 1.2650.
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EMU: Flash PMI Manufacturing climbs to 50.7 in October

Preliminary Eurozone PMI Manufacturing increased to 50.7 in October, from 50.3 in September, according to data released today by Markit. The result is against market consensus of a drop to 49.9.
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