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USD Overview (02 June 2020)

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Yesterday, USD weakened against all major currencies after President Trump threatens to deploy the U.S. military if states and cities continue to fail in suppressing the George Floyd protests.

The ISM Manufacturing PMI data (Actual: 43.1, Forecast: 43.5, Previous: 41.5) released yesterday indicated a slight improvement in the manufacturing sector in May but is still in contraction.

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