Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee
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Investors awaiting signs whether the euro is ready to stage a comeback will be closely watching next week's regional manufacturing report.The euro is currently hovering near a one-month low at $1.1029, while benchmark German bond yields are edging up again after a huge bond rally in the first eight months of the year.The same may be said about the euro, which has largely ignored recent developments, including the news that Germany avoided its first recession in six years.With markets largely pricing out further easing this year, any dovish signals could encourage bets against the euro.
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