EUR/USD: Corrective rally remains elusive, focus on preliminary PMIs and Fed minutes

The EUR/USD is now oversold for more than 20 days, as per the 14-day relative strength index (RSI). Still, the corrective rallies remain elusive, pos
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Japan: Manufacturing PMI suggests slowdown in manufacturing activity - Nomura

The Japanese manufacturing PMI for May came in at 52.5, down from April’s reading of 53.8, notes the research team at Nomura. Key Quotes “While the
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