US Dollar Mixed on Weak Data, Recession Fears

Jun 03,2019 16:44   Source:Earnforex
The US dollar is mixed to kick off the trading week as investors comb through disappointing economic data amid fears of a global recession. As the trade strife escalates after higher US tariffs on Chinese and Mexican goods, markets are worried that this could lead to additional cooling in the sluggish global economy. US manufacturing activity slumped last month as the Institute for Supply Management (ISM)’s manufacturing index declined to 52.1 in May, […]

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