ISM Chicago EMI falls to 61.8 versus 67.0 expected in November

• The Chicago EMI fell 61.8 in November, its lowest level since February.
• The dollar came under slight selling pressure.

The Chicago Purchasing Managers Index (EMI) fell to 61.8 in November from 68.4 in October, as ISM-Chicago, Inc. announced on Tuesday. That drop was bigger than the expected drop to 67.0, bringing the Chicago EMI to its lowest level since February.

Market reaction

The dollar index appears to have reacted with slight weakness to the data. The DXY slipped to a new daily low in the area of ​​95.50 points in the most recent trade.

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