Two Major Surprises Today: China's PMI on the Downside and Eurozone CPI on the Upside
Marc Chandler
August 31, 2021
Overview: The dollar has been sold against nearly all the currencies today. Among the majors, the Antipodeans and Swedish krona lead the move. The euro rose briefly through $1.1830 in the European morning, its best level in a little more than three weeks. The JP Morgan Emerging Market Currency Index is rising for the seventh time in eight sess…
Two Major Surprises Today: China's PMI on the Downside and Eurozone CPI on the Upside
Reviewed by Marc Chandler
on
August 31, 2021
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