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U S Manufacturing Index Indicates Modest Contraction In April

The Institute for Supply Management released a report on Wednesday showing a modest contraction by U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI slipped to 49.

Japanese yen extends losses against dollar

The Japanese yen continues to slide and is down 1.41% this week. In Tuesday's European session, USD/JPY is trading at 143.16, up 0.64%. Dollar/yen powers ab

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