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EURUSD: Intraday Forecast & Short Term Analysis

The dollar edged broadly lower on Thursday as traders awaited a slew of business activity surveys to gauge the health of major economies and what that may mean for the global interest rate outlook.

Flash Purchasing Managers’ Index (PMI) figures across the U.S., the UK and the euro zone are due later in the day and will provide further clarity on their respective manufacturing and service sectors.

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