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EUR/USD: Intraday price action puts 1.1140 under pressure – Scotiabank

Preliminary Eurozone PMIs looked mostly positive, with the Services and Composite components advancing firmly in August (53.3 and 51.2 respectively) while Manufacturing (45.6) fell slightly versus July and was a little below expectation, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

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