This week, the euro / dollar pair faced strong support around 1.1800. Quotes then rebounded from the level, but failed to break 1.1900 and extend their gains above this mark. As far as macroeconomic data is concerned, PMI from Europe. But the data was mixed. This indicates a possible slowdown in economic recovery. In addition, yesterday's report from the United States, namely unemployment claims and the Philadelphia Fed Manufacturing Index, proved highly negative.


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