Risk appetite was buoyed slightly on Wednesday as rising equity markets lifted the euro against the dollar, but trading remained subdued as the market awaited Thursday’s US non-farm payrolls data.
Purchasing managers index data from Europe, which pointed towards a marked slowdown in the rate of manufacturing decline in eurozone countries in June, helped lift the euro 0.3 per cent against the dollar to $1.4072.
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http://www.ft.com/cms/s/0/11c1043c-662e-11de-a034-00144feabdc0.html?nclick_check=1
posted by srikanth....july1
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