Moring Meeting

23 October 2014, 08:40
Francesco Sgarbossa
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The currency market this morning sees a euro on the defensive, at minimum for a week against the dollar, pending the publication of the preliminary PMI in Europe in October. New confirmations of a still weak economic situation in the area could contribute to a further rise of the single currency. The Chinese manufacturing PMI this morning, on the other hand, although slightly higher than estimated, fails to instill among operators optimism for the prospects of global growth. The euro / dollar is trading at 1.2641 / 1.2648 43 from the last closing; euro / yen to 135.51 / 61 by 135.51; dollar / yen 107.21 / 25 to 107,14.

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