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France Markit Services PMI came in at 49.3, below expectations (49.5) in January

FXStreet.com (Barcelona)

Italy Markit Services PMI came in at 51.2, above expectations (50) in January

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EUR/USD drops to fresh session lows at 1.1437

EUR/USD edged lower in European morning, shaving-off gains from the previous session as traders ignored cheerful Spanish and Italian PMI readings and now await German PMI numbers.
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