Euro erases gains following PMI figures

Source: FXstreet
© ScanPix/Reuters
The shared currency failed to hold early gains against the Greenback, following the mixed flash PMIs from Germany and France. The French flash manufacturing index for August dipped to 48.6 from 49.6, while the same gauge in Germany rose to 53.2 from 51.8. The reaction of the EUR/USD pair was quite mild, as the Euro edged 0.09% higher to $1.1250, after dropping from the daily highs of $1.1294. 
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