Mar 21, 2013
Forex: EUR/JPY falling on EMU PMI and BoJ Kuroda
The opening price of 124.20 was tested before the release of the French PMI data that triggered a down move, only extended by the German drop below the 50.0 threshold in manufacturing. The EMU Composite confirmed a dark preliminary review of the PMI figures in March. The EUR/JPY went as low as 123.30.
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