Eurozone Preliminary Manufacturing PMI declines to 46.1 in February vs. 47.0 expected

The Eurozone manufacturing sector activity contracted further but the services sector returned to expansion in February, the latest figures from the HCOB's latest purchasing managers index survey showed Thursday.
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USD/JPY: A substantial turn lower probably requires a turn in the broad Dollar trend – ING

The stand-out funding currency, the Japanese Yen (JPY), is the worst performer at -6% year-to-date versus the US Dollar (USD).
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