Consolidation coming to an end

Review: China announced strong PMI data – indicating strong economic growth. PIIGS: Portugal is back It was good news for the euro and gave credence to the euro cooperation that yesterday Portugal managed to raise funding at an auction on market terms. The fact that no less than 93% of the investors were foreign indicates that generally there are positive expectations that the full backing of the ECB to the euro is effective. With respect to our main scenario, it would be perfect if EURUSD

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Consolidation coming to an end

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