EUR/USD struggling with 10-DMA in early Europe, PMI eyed

A renewed rally in the EUR/USD pair lost steam at 10-DMA, with the major stalling its recovery and now consolidates the upside in early Europe before the next leg higher.
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China: The pretty miserable indices (PMIs) - RBS

Sanjay Mathur, Head of Economics Research at RBS, suggests that the key message from both the January official and Caixin PMIs is that Chinese economic activity continues to slow.
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