Breaking: EUR/USD eyes 1.0770 as German Preliminary Manufacturing PMI plunges to 34.4 in April

  • German Manufacturing PMI arrives at 34.4 in April vs. 39.0 expected.
  • Services PMI in Germany plunges to 15.9  in April vs. 28.5 expected.

The German manufacturing sector contraction deepened in April, the preliminary manufacturing activity report from IHS/Markit research showed this Thursday.

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