USD recieves a boost from ISM Manufacturing Survey, Gold still shining
USD recieves a boost from ISM Manufacturing Survey, Gold still shining U.S. Dollar Trading (USD) saw some continued weakness early in the European session as potential profit warnings from UBS and Deutsche Bank sent European and US futures into deep negative territory. A surprising jumpin June ISM manufacturing index to 50.2 put the sector in expansion territory for the first time in 5 months. Economist’s were looking for a weaker 48.6 figure and combined with a relief rally in the US stocks
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