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Flash: Economic data of interest today – TD Securities

FXstreet.com (London) - With a fairly light calendar, ahead of big numbers next week, TD securities said that the data of interest today will have included UK mortgage approvals, Eurozone CPI, Canadian Q1 GDP, and the US Chicago PMI.

They said that tomorrow (Sat) sees the release of China’s official May manufacturing PMI, where a dip below 50 - a possibility flagged by the HSBC flash PMI - could set a negative tone for the market open on Monday.

GBP/JPY dropping to re-test weeks lows

Yesterday, GBP/JPY had been attempting to continue in its most recent bearish wave again, after breaking below the psychological 155.00 level. It had consolidated, ahead of awaited economic data in a USD focused market place.
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EUR/USD bounces off 1.3020

Selling interest put the bloc currency under pressure earlier, dragging the pair to the area of 1.3015/20 on Friday, although picking up pace afterwards....
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