The European Single Currency depreciated against the US Dollar, following ISM Non-Manufacturing PMI release on Thursday at 14:00 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% during a minute, right after the release.
The Institute for Supply Management ISM Non-Manufacturing PMI data better-than-expected of 58.5 index compared with forecasted 56.8 index. The data release seems to be positive for the US economy.
Tony Nieves, the chair of the ISM's Non-Manufacturing Business Survey Committee commented: "This was a nice rebound from July, which was a 12-month running low," "It was nice to see both business activity and new orders over 60, coupled with the [ISM] manufacturing side having a record month in August. That is also a leading indicator for non-manufacturing."
| Historical Data Table: ISM Non-Manufacturing PMI | Economic Calendar for 10.09.2018 | ||||||||
| Date | 06.03.2018 | 04.04.2018 | 03.05.2018 | 06.06.2018 | 06.09.2018 | 8:30 AM | UK GDP m/m | ||
| Actual | 59.5 | 58.8 | 56.8 | 58.6 | 58.5 | 8:30 AM | Uk Manufacturing Production m/m | ||
| Forecast | 58.9 | 59 | 58.1 | 57.9 | 56.8 | 8:30 AM | UK Goods Trade Balance | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.71977 | 0.71954 | -0.03% | AUD/USD | 61.07% | 38.93% | |||
| EUR/USD | 1.16409 | 1.16375 | -0.03% | EUR/USD | 60.90% | 39.10% | |||
| USD/JPY | 111.147 | 111.199 | 0.05% | USD/JPY | 45.41% | 54.59% | |||
| NZD/USD | 0.65924 | 0.65889 | -0.05% | NZD/USD | 59.16% | 40.84% | |||