- Dallas Fed Manufacturing Index fell sharply in June.
- US Dollar Index continues to fluctuate near 104.00 after the data.
The headline General Business Activity Index of the Federal Reserve Bank of Dallas' Texas Manufacturing Survey plunged to -17.7 in June from -7.3 in May. This print missed the market expectation of -3.1 by a wide margin.
The New Orders sub-index dropped to 3.3 from 19.8, the Prices Paid for Raw Materials component fell to 57.5 from 61.8 and the Employment sub-index declined to 15.2 from 20.9.
There was no immediate market reaction to this report and the US Dollar Index was last seen posting small daily losses at 103.98.
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