The Euro traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Monday at 14:00 GMT. The EUR/USD exchange currency rate lost 8 pips or 0.07% after the release. The Euro continued trading at the 1.1315 level against the Greenback after the release.
The Institute for Supply Management released the US ISM Non-Manufacturing PMI survey results, which came out better-than-expected of 57.1 compared with the forecast of 50.0.
Anthony Nieves, the Chair of the Institute for Supply Management (ISM) Non-Manufacturing Business Survey Committee commented on the release: "Respondents remain concerned about the coronavirus and the more recent civil unrest; however, they are cautiously optimistic about business conditions and the economy as businesses are beginning to reopen."
| Date | 04.03.20 | 03.04.20 | 05.05.20 | 03.06.20 | 06.07.20 |
|---|---|---|---|---|---|
| Actual | 57.3 | 52.5 | 41.8 | 45.4 | 57.1 |
| Forecast | 54.9 | 43.5 | 37.5 | 44.2 | 50.0 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.69822 | 0.69772 | -0.07% |
| EUR/USD | 1.13276 | 1.132 | -0.07% |
| NZD/USD | 0.65516 | 0.65492 | -0.04% |
| USD/JPY | 107.539 | 107.556 | 0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 36.0% | 64.1% |
| EUR/USD | 38.4% | 61.6% |
| NZD/USD | 38.7% | 61.3% |
| USD/JPY | 40.1% | 59.9% |
Economic calendar