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Philly Fed Index Negative in June, Series Sees Largest 3 Mon

posted by Avatar FXTimes 342 days ago in USD, Fundamental, Manufacturing made popular 342 days ago

It's time to pile on another poor US fundamental release, this time in the manufacturing sector, one day removed from a sharp decline in the Empire Manufacturing Index. Today, The Philadelphia Fed Manufacturing Index slid to -7.7 in June from 3.9 in May. This follows the index falling from 18.5 in April, and 43.4 in March and is the first contracti
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