France Business Climate meets forecasts (102) in November

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Nov 24, 2015

German IFO preview: What to expect of EUR/USD?

EUR/USD steadies near multi-month troughs, although manages to hold above 1.06 handle on the back of a minor correction seen in the US dollar across the board. The recent streak of dovish comments from the ECB officials and the commodity sell-off continue to dampen the sentiment around the euro. In recent dealings, EUR/USD recovered losses after the German final GDP figures revealed that the economy grew at a moderate pace in Q3.

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Nov 24, 2015

All round good performance by Eurozone PMI’s data – Deutsche Bank

Jim Reid, Research Analyst at Deutsche Bank, suggests that on a bigger scale and assuming no change in December, the composite PMI suggests euro-area output growth of 0.5% qoq in the last quarter of 2015, largely ahead of current market expectations.

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