Japan Nikkei Manufacturing PMI registered at 49.3, below expectations (49.5) in June

Japan Nikkei Manufacturing PMI registered at 49.3, below expectations (49.5) in June
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EUR/JPY technical analysis: 38.2% Fibo. questions recovery off 50-D EMA

Despite successfully trading beyond 50-day exponential moving average (50-D EMA), the EUR/JPY pair can’t rise farther than 38.2% Fibonacci retracement level.
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