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Breaking Posted 9 hours ago

US ISM Manufacturing Prices Paid Fall to 71.1

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US ISM Manufacturing Prices Paid index fell to 71.1 in August from 73.0 previously, slightly beating the 71.0 forecast. The decline signals easing input-cost pressures in manufacturing, supporting the Fed's dovish pivot narrative. USD weakness likely persists as market reprices lower-for-longer rate expectations; JPY may strengthen on coordinated intervention backdrop.
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