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Nov 25, 2024

US PMI data

The US dollar rises after stronger-than-expected S&P PMI readings from the US, pointing to more pressure on the Federal Reserve, which may keep interest rates on hold in December, with a smaller amount of rate cuts in 2025.

  Actual Expected Previous
Manufacturing PMI
48.8
48.8
48.5
Composite PMI
55.3
54.3
54.1
Services PMI
57.0
55.2
55.0
  US PMI data
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