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Fundamental Analysis Posted 7 hours ago

Dallas Fed Service Sector Activity Posts 6.6 in July

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The Dallas Federal Reserve's July service sector business activity index came in at 6.6, signaling modest expansion in regional service output. This regional gauge offers a forward-looking signal on US economic momentum ahead of the FOMC meeting; stronger-than-expected data would reinforce the Fed's hawkish bias and support USD strength, while weakness could temper rate-hike expectations.
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