“…Further possible applications include magnetoresistive random access memories based on the spin transfer torque effect [3][4][5][6], which can be combined with pseudo spin valve (PSV) systems. Of particular interest are PSV based sensors, consisting of magnetic films with perpendicular magnetic anisotropy (PMA), which have mainly been based on [Co/Ni] [7,8], [Co/Pd] [9][10][11], and [Co/Pt] [12,13] multilayered systems. However, due to the large hysteresis observed in these PSV thin films, they are not particularly suitable for field sensing applications.…”