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EUR/USD: EURUSD provided a great selling opportunity just above the month-high and has now reversed to yesterday’s open.

Euro area: PMIs lower than expected

Weakness in manufacturing far from over. Services undershoot in Germany.

Daily Technical Report

EUR/USD continues to grind higher.

Norway: GDP growth stronger than expected

Mainland GDP was stronger than expected. Underlying growth was stronger than expected by Norges Bank.

FX Daily Majors

Today’s highlights: EURJPY continues to surge dramatically higher and

Time to take some profit on EUR/USD shorts

With less than six weeks left until Christmas, our 1.25 year-end target for EUR/USD has already been met.

The Global Macro Pulse

USDJPY continued to march higher to 118.45 in Asia trading.

Commodity ccy’s and the yen continue to weaken.

EURUSD: The market last night, after FOMC, printed a high at 1.2602 before retreating back to

FX Daily

Euro PMIs are due for release and it will be interesting to see whether theimprovement in the financial ZEW expectations is mirrored in the PMIs.

EURUSD – neckline break at 1.2578 needed to resolve bullish base

Regarding the developing head & shoulders bottom, Monday we wrote “once this right shoulder completes,

FI Eye-Opener: Fed on course towards policy normalisation

In China, the flash manufacturing PMI fell to a six-month low of 50.0 in November (from 50.4).

Gold Technical Analysis

The sharp correction lower from ahead of Tuesday’s Nov high and dip below