The European Common Currency depreciated against the US Dollar, following the US ISM Non-Manufacturing PMI data release on Wednesday at 14:00 GMT. The EUR/USD exchange currency rate lost 16 pips or 0.15% right after the release. The Euro continued trading at the 1.1265 level against the Greenback.
Institute for Supply Management released the US ISM Non-Manufacturing PMI data, which came out better-than-expected of 56.9 compared with forecast of 55.6.
According to the official release: "he NMI registered 56.9 percent, which is 1.4 percentage points higher than the April reading of 55.5 percent. This represents continued growth in the non-manufacturing sector, at a slightly faster rate."
| Date | 05.02.19 | 05.03.19 | 03.04.19 | 03.05.19 | 05.06.19 |
|---|---|---|---|---|---|
| Actual | 56.7 | 59.7 | 56.1 | 55.5 | 56.9 |
| Forecast | 57.2 | 57.4 | 58.1 | 57.2 | 55.6 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.69925 | 0.69846 | -0.11% |
| EUR/USD | 1.12741 | 1.12593 | -0.13% |
| NZD/USD | 0.66506 | 0.66403 | -0.15% |
| USD/JPY | 108.074 | 108.19 | 0.11% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 70.0% | 30.0% |
| EUR/USD | 26.9% | 73.1% |
| NZD/USD | 66.6% | 33.4% |
| USD/JPY | 74.9% | 25.1% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 11:45 | EUR | Monetary Policy Statement | - | - |
| 12:30 | CAD | Trade Balance | -2.8B | -3.2B |
| 12:30 | EUR | ECB Press Conference | - | - |