The Euro traded sideways against the US Dollar, following the US ISM Manufacturing PMI survey results release on Wednesday at 14:00 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% after the release. The Euro continued trading at the 1.0930 level against the Greenback after the release.
The Institute for Supply Management released the US ISM Manufacturing PMI survey results, which came out better-than-expected of 49.1 compared with the forecast of 44.9.
Timothy R. Fiore, the Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee: "Comments from the panel were negative regarding the near-term outlook, with sentiment clearly impacted by the coronavirus (COVID-19) pandemic and energy market volatility. The PMI® returned to contraction territory, and with a negative trajectory."
| Date | 02.12.19 | 03.01.20 | 03.02.20 | 02.03.20 | 01.04.20 |
|---|---|---|---|---|---|
| Actual | 48.1 | 47.2 | 50.9 | 50.1 | 49.1 |
| Forecast | 49.2 | 49.0 | 48.5 | 50.5 | 44.9 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.60677 | 0.60657 | -0.03% |
| EUR/USD | 1.09305 | 1.09303 | 0.00% |
| NZD/USD | 0.59093 | 0.59092 | 0.00% |
| USD/JPY | 107.219 | 107.218 | 0.00% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 68.3% | 31.7% |
| EUR/USD | 28.2% | 71.8% |
| NZD/USD | 68.4% | 31.6% |
| USD/JPY | 36.5% | 63.5% |