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Market movers for today – Danske Bank

Research Team at Danske Bank, lists down the market movers for the day.

Key Quotes

“US ISM manufacturing data is due out today and is expected to be unchanged at 53 or slightly higher. The main event this week will be the US non-farm payrolls.    

No major events or key economic data from Euroland is due out apart from 'final' manufacturing PMI data from Germany, France and Euroland for July. Sweden is also due to release manufacturing PMI data.”

EUR/JPY off-highs, retreats to 114.40 ahead of PMIs

The EUR/JPY cross trims gains and slips back below the mid-point of 114 handle, mainly driven by a retreat in the USD/JPY pair amid fresh selling seen
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EUR/GBP off highs, back to 0.8430 pre-PMI

The steady performance of the single currency has prompted EUR/GBP to slip back into the negative territory around the 0.8430 region on Monday. EUR/G
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