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US ISM manufacturing index falls further than expected in December

FXStreet (London) - The Institute for Supply Management manufacturing index fell to 55.5 in December, declining further than consensus expectations for a 57.5 print after 58.7 in November.

New orders fell to 57.3 after 63.0 last month while employment was the outlier, climbing to 56.8 after 54.9 last month.

New export orders fell to 52.0 from 55.0 last month while Imports fell to 55.0 versus 56.0 last month.

United States ISM Prices Paid below expectations (43) in December: Actual (38.5)

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GBP/USD extends decline below 1.5400

The Sterling is extending its decline versus the Dollar as the pair broke below the 1.5400 level to price at fresh lows since August 2013 at 1.5385.
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