EUR/USD dips below 1.20, risk reversals hit two-month low

The EUR/USD pair closed below 1.20 for the first time since January. Further, the pair closed below the gradually ascending 200-day moving average (MA
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China April factory growth edges up marginally, export orders shrink: Caixin PMI - Reuters

The Caixin/Markit Manufacturing Purchasing Managers' index (PMI) climbed to 51.1 in April from a four-month low of 51.0 in March and bettered the cons
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