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Key UK data snapshot - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted next week's key Manufacturing PMI from the UK coming up.

Key Quotes:

"After a couple of months of solid improvement, we look for the uptrend to stall out, and for the manufacturing PMI to potentially slip back a few tenths lower again."

"Although domestic demand still appears to be quite strong, foreign demand is still struggling, and the CBI survey showed orders and expected output slipping backward in March."

"Early consensus has the manufacturing PMI edging a touch higher, but we see downside risks to those expectations."

Canadian GDP might see a decline – TDS

The TD Securities Team forecasts Canada’s January GDP (31st March) to register a 0.3% mom decline, with risks tilted for a softer outcome.
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EUR/JPY: Downside wide open below Feb lows

EUR/JPY is currently trading at 129.76 with a high of 129.86 and a low of 129.03.
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