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United States S&P Global Composite PMI came in at 53, above forecasts (52.8) in January

United States S&P Global Services PMI above forecasts (52.5) in January: Actual (52.7)

United States S&P Global Services PMI above forecasts (52.5) in January: Actual (52.7)
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USD: Potential for retracement – BBH

The report from Brown Brothers Harriman (BBH) indicates that the USD is trading firmly against most major currencies, with Treasury yields ticking up. In the near term, the USD has room to retrace some of its recent losses as the Fed is not in a rush to ease policy.
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