US: ISM Manufacturing PMI comes in at 51.7 in June vs. 51 expected, USD gathers strength

The Institue for Supply Management's (ISM) Manufacturing PMI in June edged down to 51.7 from 52.1 in May but beat the market expectation of 51. With the initial market reaction, the greenback continued to gather strength against its rivals and was last seen up 0.5% on the day at 96.60.

 

United States ISM Prices Paid below expectations (53) in June: Actual (47.9)

United States ISM Prices Paid below expectations (53) in June: Actual (47.9)
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GBP/USD technical analysis: Cable trades at daily lows post US data

GBP/USD daily chart GBP/USD is in a bear trend below the main daily simple moving averages (DSMAs). The market is trading below the 1.2700 figure. GB
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