Euro drops below 1.24 on lower PMI’s

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The Euro single currency saw weakness early into the trading day with services PMI across the major economies of the Eurozone disappointing further. The single currency which opened the week on a bullish tone failed to capitalize on its gains as the Greenback managed to take hold of its bullish rally paving way for further weakness into EURUSD. Spanish services PMI was weaker at 52.7, below 56...

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