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British manufacturing activity slumps to nearly 3-year low

Yesterday saw the UK Manufacturing slide to a very near 3 year low in February with the data posting a figure of 50.8 edging dangerously close to below 50.0 indicating contraction in the sector

By Richard Nehme | March 2, 2016 10:20 GMT
Euro continues to benefit from weaker USD
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EUR/USD hit a low of the day at 1.0832 during yesterdays trading however the pairing retraced slightly at the close to close the day at 1.0864. Look for support on the pairing to be sitting at 1.0833 levels with resistance on the pairing to be around the 1.0894 levels before a break higher can be made [...]

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