U.S. Dollar Moves Higher As Composite PMI Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index gains ground as traders react to economic reports. Services PMI declined from 51.0 in April to 50.9 in May, compared to analyst forecast of 51.1. Manufacturing PMI increased from 54.5 to 55.3, while analysts expected that
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