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The Chicago PMI decelerated slightly to a reading of 70.6% in March from 71.2% in February, a level still well above the 50% no-change line. Economists polled by MarketWatch had forecast a reading of 68.9%. The prices paid component climbed to 83.4% ...
The case against the dollar is strong and widely held. Last week, the Commodity Futures Trading Commission's weekly report of currency positions showed that almost all speculators were short the dollar and long the yen, euro, pound, Swiss franc and ...
Portugal was dealt another blow in its effort to avoid a bailout after a further downgrade by Standard & Poor’s Ratings Services left the country’s credit rating one notch above junk status. S&P lowered its rating on Portugal to BBB- from BBB, where ...