US manufacturing activity remained in expansion territory in June but lost some momentum, with the ISM Manufacturing PMI easing from 54.0 to 53.3, below expectations of 54.2. The report pointed to slower growth in both demand and production, though the headline reading continued to signal a healthy pace of activity consistent with an economy that […]The post US ISM Manufacturing Slows as Inflation Pressures Ease Sharply appeared first on ActionForex.