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2:47 PM · 29 December 2023

US Chicago PMI much below expectations

EUR/USD
Forex
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 US Chicago PMI for December

  • 46,9 pts vs 51 pts exp. and 55,8 pts

Much weaker than expected regional Chicago PMI index may be 'interpreted' as a part of general weaker US macro readings in December. Lagging Fed rate hikes effect? Source: Bloomberg Financial LP

EURUSD gains after weaker than expected US macro reading. Source: xStation

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