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Market Vibrations: News and Commentary from the Europe Desk (0645 GMT)

EZ PMI Services Show Mixed Picture

European PMI services are in with mixed results, with France coming in better than expected and Germany and Italy a bit worse. EC coming in pretty much as expected…

EZ PMI Services Show Mixed Picture

European PMI services are in with mixed results, with France coming in better than expected and Germany and Italy a bit worse. EC coming in pretty much as expected…

Dollar: Should We Expect Volatility, Trend Development from NFPs?

The dollar found an uneasy break in its painful three-week decline Thursday. However, unless a significant switch on risk appetite trends is flipped, this is likely just a pause before the unflappable stimulus-riders return to the market. This past week was rife with opportunities for the fearful to abandon the troubled euro; and yet, most of these occasions were disregarded so that market participants could participate in a risk build up.

Dollar: Should We Expect Volatility, Trend Development from NFPs?

The dollar found an uneasy break in its painful three-week decline Thursday. However, unless a significant switch on risk appetite trends is flipped, this is likely just a pause before the unflappable stimulus-riders return to the market. This past week was rife with opportunities for the fearful to abandon the troubled euro; and yet, most of these occasions were disregarded so that market participants could participate in a risk build up.

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