US ISM Manufacturing PMI declines to 49 in March vs. 49.5 expected

The business activity in the US' manufacturing sector contracted in March, with the ISM Manufacturing Purchasing Managers Index (PMI) dropping to 49 from 50.3 in February.
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GBP/USD steady near 1.2920 as weak ISM and tariff fears pressures US Dollar

The Pound Sterling trades with minuscule losses against the US Dollar following the release of the latest Manufacturing PMI from the Institute for Supply Management (ISM), suggesting that business conditions are deteriorating, with companies feeling the impact of tariffs.
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