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Forex Flash: Majors down on Dollar as spending cuts kick in - OCBC Bank

Emmanuel Ng of OCBC Bank notes that even as spending cuts for the US kicked in, the majors ended mixed to lower against the greenback on Fri while the JPY (sustained dovish market talk) and the GBP (disappointing Feb manufacturing PMI) under performing across the board.
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Germany Markit Services PMI: 54.7 in Feb

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