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Weak Manufacturing PMI Stimulates Recession Fears | All About Forex World
Dollar Flows A Key Market Driver Yesterday’s Manufacturing PMI figures seem to have an enduring influence on today’s session, at least up to now. The decline to 3-year contractionary lows rejuvenated investors’ fears of an emerging recession. New orders dropped to a 7-year low. Despite Services PMI represent nearly 80% of economic activity, market participants …