European Monetary Union Markit Manufacturing PMI came in at 51.7, above forecasts (51.5) in April

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May 2, 2016

AUD: RBA likely to ease? – Rabobank

Jane Foley, Research Analyst at Rabobank, suggests that the rxpectations regarding the chances of another RBA rate hike spiked higher on the back of the much softer than expected Q1 CPI report.

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May 2, 2016

EUR/USD hits fresh 2016 highs on PMIs, nears 1.1500

Having bottomed just below 1.1450 levels, the EUR/USD pair picked-up significant strength post-European open and now clinches fresh session highs after the release of upbeat manufacturing PMI readings from the Euro zone.

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