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No support for the Dollar
Video Credit: Rumble
Published on December 28, 2023 - Duration: 08:30s
No support for the Dollar
Data released on Wednesday showed the Richmond Fed Manufacturing Index dropping to -11 in December, worse than the market consensus of -7.
Shipments fell from -8 to -17, new orders decreased from -5 to -14, and employment edged down from 0 to -1.
On Thursday, the weekly Jobless Claims report is due, along with trade figures and the November Pending Home Sales report.