Monthly Archives: June 2022
Positive Manufacturing PMI Buoys Dollar
Written on June 2, 2022 at 3:40 am, by lishitong
On Wednesday evening (GMT+3), the US ISM Manufacturing Purchasing Managers‘ Index (PMI) figure for May was released. May showed a reading of 56.1, higher than the forecasted 54.5 and the previous month’s value of 55.4. The ISM Manufacturing PMI measures product demand from over 300 key manufacturers in the US and is considered a majorContinue Reading