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Posted 5 hours ago
US Flash PMIs (Jul 01)
S&P Global released the latest US Manufacturing PMI data, a key gauge of factory activity and business sentiment. The index directly influences USD strength; weaker readings suggest economic slowdown and may pressure the dollar, while stronger prints support USD appreciation. Traders monitor this monthly release for signals on Fed policy direction and US growth momentum.
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5 hours ago
US Manufacturing Expands Sixth Month, Input Costs Fall
US manufacturing activity expanded for the sixth consecutive month in June as input-cost pressures eased amid cooling war-driven commodity surges. This data signals economic resilience and potential disinflation, supporting a dovish Fed outlook. USD may weaken on softer inflation signals, benefiting EUR/USD and other USD pairs.
https://www.bloomberg.com/news/articles/2026-07-01/us-manufacturing-expands-for-a-sixth-month-costs-gauge-dropsReplies
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