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It was a big week for the US Dollar in the headlines and the data front, although it may not be as visible on the weekly chart at this point. There were three items from the economic calendar that really stuck out to me, and I think that’ll have some bearing on price action next week as we move into the FOMC meeting on Wednesday. The week began with a ...
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We received mixed economic signals this week with the ISM Manufacturing PMI remaining in contraction in May after a brief, one-month, slightly expansionary reading in March, but weaker than May consensus expectations. The ISM Manufacturing PMI Employment Index improved in May, moving from contraction in April to slightly expanding in May. Factory orders, ...
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