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“I was disappointed to see the massive spending bill,” Elon Musk said on CBS’s “Sunday Morning.”

Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. Indicative rates, a little change from late Friday, the US dollar just a touch weaker in early going:

• EUR/USD 1.1355
• USD/JPY 143.88
• GBP/USD 1.3457
• USD/CHF 0.8239
• USD/CAD 1.3738
• AUD/USD 0.6441
• NZD/USD 0.5974

Data over the weekend:

• China May Manufacturing PMI rose to 49.5 (prior 49.0), Non-manufacturing 50.3 (prior 50.4)

This article was written by Eamonn Sheridan at www.forexlive.com.

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Japan CFTC JPY NC Net Positions down to ¥164K from previous ¥167.3K

The Euro (EUR) remains steady against the US Dollar (USD) on Friday after a softer-than-expected US Personal Consumption Expenditures (PCE) Price Index, which was close to the Federal Reserve’s (Fed) 2% goal, lifted the pair from daily lows of 1.1312.