Treasury Pulse

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  • Saturday, 25 May 2019

Global Forex Market

THE dollar’s momentum halted, depreciating by 0.08% to 97.9 over the week largely underpinned by disappointing data release, which includes May preliminary Markit Manufacturing PMI that unexpectedly slowed down to 50.6 from 52.6 in April (consensus: 52.5) while the May preliminary Markit Services PMI decelerated to 50.9 from 53.0 in April (consensus: 53.2).

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