fxstreet.com 03 Feb, 2021 12:45 am

The greenback remains resilient as the bulls drive equities higher

The greenback remains resilient as the bulls drive equities higher
Overview: Equities have charged higher, and the greenback is mostly firmer. News that Draghi may become Italy's next Prime Minister has boosted Italia

Japan's January services and composite PMI readings were revised slightly higher, but both remain below 50 and weaker than in December (at 46.China's Caixin service and composite PMI were lower than expected at 52 and 52.The final services and composite PMI from the eurozone were revised slightly higher but not enough to offer much hope that the economy can avoid another quarterly contraction.The composite PMI is at 47.

The composite PMI is at 41.strong Equities have charged higher, and the greenback is mostly firmer.

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