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Forex Flash: French PMI to underperform Germany's – TD Securities

TD Securities analysts expect the flash PMIs for February to show a similar pattern to January, with France underperforming Germany. “We see downside risks to the improvement expected by consensus in the French PMI (mkt from 42.9 to 43.8) but the German manufacturing PMI should manage to edge above 50 (mkt 50.5) given the stabilization in new orders in the January report”, wrote analyst Annette Beacher.

Forex: USD/CHF consolidates gains ahead of Germany manufacturing PMI

Lack of consensus by key key members on extending US QE revealed by the FOMC meeting minutes triggered a jump in the USD/CHF, followed by a steady upside throughout the Asian session that peaked at the 0.9300 level.
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Forex: AUD/USD hovering over 1.0250/55

The Aussie dollar followed the rest of the high beta currency and commodity-related assets in their way south, after the FOMC minutes ignited a rally in the USD on Wednesday...
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