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The US ISM Manufacturing headline number was much lower than expected at 56.2 vs. 59.0 expected and 59.7 in May. The largest contributors to the fall in the index were Prices Paid, which dropped sharply to 57 vs. 77.5 in May, and New Orders, which fell to 58.5 vs.

Source:EURUSD Squeeze Continues – Next Step EURUSD 1.30 or 1.20?

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