Switzerland: SVME - PMI expands further in September

Swiss SVME - PMI increased to 55.3 points in September, from 54.6 points in August, according to data released today by the Schweizerischer Verband für Materialwirtschaft und Einkauf and Credit Suisse. The result is still below market consensus of 56.3 points.
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Flash: GBP/USD approaching the 1.6327 4 year downtrend – Commerzbank

Karen Jones, Head Technical Analyst at Commerzbank suggests that GBP/USD continues to inch higher and looks capable of extending gains to the 2009-2013 downtrend at 1.6327, where we would look for signs of failure.
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