U.S. Dollar Depreciated against Euro amid Improving Manufacturing in China

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Source: Bloomberg
The U.S. Dollar declined to the lowest since October 23 versus the Euro on the Chinese data showed Manufacturing PMI increased to 50.6 in November, seven-month high. The Dollar depreciated 0.3% and traded at $1.3026 per Euro after reaching $1.3047, a six-week low. The Dollar Index dropped to the lowest in a month ahead of the report that will show that U.S. economy improvement slowed down in November.

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