US Manufacturing contracts, Investors turn to Yellen

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 2, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Sentiment towards the USD received a swift blow following the unexpected contraction in the US manufacturing sector of 48.6, its lowest level since the end of the recession almost 6 years ago.Although it was cited that the catalytic combination of weak global demand and a strengthening Dollar punished the US manufacturing sector, investor anxiety has exposed the USD to weakness as concernsrekindle that this may sabotage the Fed’s decision to raise US interest rates in December. These fears are

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