Germany Still Propping Up The Currency Bloc: EURUSD And Dax

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December 17, 2013 10:13 AM EST

By Kathleen Brooks, Research Director UK EMEA, FOREX.com

There was good news and bad news for the currency bloc today. The good news is that Germany's manufacturing sector is powering through to the end of the year. The manufacturing PMI rose to its highest level since mid-2011, while the service sector was slightly weaker than expected, but still remained well above the crucial 50.0 level at 54.0.

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