US S&P Global Manufacturing PMI drops to 48.2 in December, Services PMI improves to 51.3

The economic activity in the US private sector continued to expand at a modest pace in early December, with S&P Global Composite PMI edging slightly higher to 51.0 from 50.7 in November.
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EUR/USD: Price target raised to 1.15 – Commerbank

Economists at Commerzbank have updated their Euro forecast after the last European Central Bank (ECB) meeting.
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