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Forex: EUR/USD spiked to 1.3100 after data

The bloc currency is testing session highs in the proximities of the key resistance at 1.3100 on Friday, after the Spanish manufacturing PMI surprised investors advancing to 46.8 during February vs. 46.1 in the previous month.

Next on tap would be Italian, French, German and EMU PMI, ahead of inflation figures and the jobless rate in the euro area.

EUR/USD is up 0.26% at 1.3093 as of writing, facing the next hurdle at 1.3100 (psychological level) followed by 1.3163 (high Feb.28) and then psychological level at 1.3200
On the flip side, a breakdown of 1.3053 (low Feb.28) would aim for 1.3041 (low Feb.27) and finally 1.3018 (low Feb.26).

Forex: USD/JPY pares overnight losses to trade at 92.63/65

After bottoming out in the 92.44 region today (session low), the pair has crept higher Friday, paring losses from the overnight session to cross into the positive threshold during European trading. In these moments, the pair has settled in the area of 92.63/65.
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Switzerland: SVME - Purchasing Managers' Index (Feb): 50.8 vs 52.5 (Jan)

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