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US: Richmond Fed Manufacturing Index contraction slows down in May

FXstreet.com (Barcelona) - The US Richmond Fed Manufacturing Index rose to -2 points in May from -6 points registered the previous month, the Federal Reserve Bank of Richmond informed today. Economists projected a rise to 2 points.

US: Consumer Confidence improves more than expected in May

US Consumer Confidence surprised to the upside on Tuesday, rising to 76.2 points in May, from 69 points in April, according to data released by the the Conference Board. Market consensus pointed to less increase to 71 points.
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EUR/USD crumbles to 1.2900 level after US confidence

The EUR/USD fell off the 1.2920 handle during US trading, having faced the impetus of data in the United States that finally seemed to trigger some manner of movement in the pair.
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