- US Manufacturing PMI decreased to 57.5 in May from 59.2 in April, below forecasts of 57.9, preliminary estimates showed;
- US Services PMI fell to 53.5 in May from 58.9 in the previous month and well below market consensus of 57.4, a preliminary estimate showed;
EURUSD is trading higher today and today’s data provided more fuel for bulls. The main currency pair approaches a short-term resistance zone in the 1.0735 area. Source: xStation
Fed Chair Kevin Warsh’s Q&A from Congress Testimony: Inflation stability is a key
Dollar sells-off following first US price drop in six years
Warsh's Address to Congress: Zero Tolerance for Inflation, But No Change in Interest Rates?
BREAKING: US CPI data much lower than expected 📈 EURUSD gains