Currencies Extend Rally After Another Discouraging Round Of US Data

Another day and another round of softer US economic data, this time highlighted by a discouraging US ISM manufacturing print.

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Another day and another round of softer US economic data, this time highlighted by a discouraging US ISM manufacturing print. The net result has been more selling of the US Dollar and more demand for stocks on the implication this will keep the Fed in an investor friendly monetary policy position.

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