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- ISM Chicago PMI declined further in September and came in at 64.7.
- US Dollar Index remains on the defensive just below one-year tops.
The Chicago Purchasing Managers Index released by ISM-Chicago dropped to 64.7 in September from 66.8 in the previous month, indicating further deterioration in business conditions. This was worse than consensus estimates pointing to a reading of 65, though did little to provide any meaningful impetus.
Market reaction
The US Dollar extended its sideways consolidative price action below one-year tops, around mid-94.00s touched earlier this Thursday.
This article was originally published by Fxstreet.com. Read the original article here.