The Euro depreciated against the US Dollar, following the US Flash PMIs survey results release on Wednesday at 14:45 GMT. The EUR/USD exchange currency rate lost 16 pips or 0.13% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
Markit released the US Flash Manufacturing PMI survey results, which came out better-than-expected of 56.5 compared with the forecast of 55.9.
According to the official release: "U.S. private sector businesses signalled a strong, albeit softer expansion in output during December. The loss of growth momentum follows rising virus case numbers and re-imposed restrictions in many states, as the post-election uptick and vaccine confidence waned. Manufacturers and service providers alike registered slower increases in business activity in the final month of 2020."
| Date | 21.08.20 | 23.09.20 | 23.10.20 | 23.11.20 | 16.12.20 |
|---|---|---|---|---|---|
| Actual | 53.6 | 53.5 | 53.3 | 56.7 | 56.5 |
| Forecast | 51.9 | 52.5 | 53.5 | 52.5 | 55.9 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.75643 | 0.75569 | -0.10% |
| EUR/USD | 1.22042 | 1.21881 | -0.13% |
| NZD/USD | 0.70941 | 0.7084 | -0.14% |
| USD/JPY | 103.473 | 103.586 | 0.11% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 26.2% | 73.8% |
| EUR/USD | 38.8% | 61.2% |
| NZD/USD | 28.9% | 71.1% |
| USD/JPY | 68.1% | 31.9% |
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