EUR
PMI manufacturing index remained without any changes on May at 47,7. This reading has met economists’ expectations. April’s reading was slightly above.
GBP
UK manufacturing PMI declined on May towards 49,4 after 53,1 growth on April. Economists expected less significant decline towards 52.
Hedge funds increase their bets against GBP as the US president supports those who look for a so-called hard Brexit.
USD
US manufacturing PMI declined to 50,5 indicating a modest growth. April reading was 52,6.
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