Eurozone PMI rises to nine-month high as factory activity accelerates
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The USD/CAD pair remains under some selling pressure for the third consecutive day and trades near a three-month low, just above mid-1.3700s during the first half of the European session on Friday.
Preliminary HCOB Manufacturing Purchasing Managers’ Index (PMI) in the Eurozone expands surprisingly at a faster pace to 52.8 in August from 51.9 in July.
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