China HSBC Manufacturing PMI increase to 51.2 in September from 50.1

Sep 23, 2013

Flash: Fade USD sell-offs in EUR/USD and GBP/USD - BMO

According to Stephen Gallo, European Head of FX Strategy at BMO Financial Group, the USD looks poised to trade under pressure short term.

The Chinese HSBC Manufacturing Purchasing Managers Index (PMI)> came at 51.2 (50.1 in
August), recording a 6-month high.

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