<p>One of the key triggers for the dollar rout last week was a break higher in EUR/USD to its highest levels since early last year. And that culminated in a break above 1.1200 as well as a hold
EUR/USD has surrendered at key resistance as a surge in US COVID-19 cases sent risky assets spiraling downward. However, US stock futures hint sentiment may recover.
The economic activity in the US manufacturing contracted in November, for the 12th consecutive month, with the ISM Manufacturing PMI at 46.7, unchanged from October.
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