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Philadelphia Fed manufacturing outlook shows signs of optimism despite persistent negativity in general activity

Philadelphia Fed manufacturing outlook shows signs of optimism despite persistent negativity in general activity
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Dollar Attempting Stronger Rebound in Subdued Trading

Today's trading has been notably subdued after Asian session, characterized by limited news flow from Europe, and just US jobless claims and Philadelphia Fed survey in early US session. Sterling weakness continues to be a dominant theme for the week, experiencing a fresh round of selling as US session opens. Concurrently, slight softening is evident in Euro and Swiss Franc.

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