The European Common Currency appreciated against the US Dollar, following the US ISM Non-Manufacturing PMI survey data release on Thursday at 14:00 GMT. The EUR/USD exchange currency rate gained 26 pips or 0.24% right after the release. The Euro continued trading at the 1.0990 level against the Greenback.
The Institute for Supply Management released the US ISM Non-Manufacturing PMI survey data results, which came out worse-than-expected of 52.6 compared to the forecast of 55.1.
The Chair of the Institute for Supply Management (ISM) Non-Manufacturing Business Survey Committee Anthony Nieves commented: "The non-manufacturing sector pulled back after reflecting strong growth in August. The respondents are mostly concerned about tariffs, labor resources and the direction of the economy."
| Date | 05.06.19 | 03.07.19 | 05.08.19 | 05.09.19 | 03.10.19 |
|---|---|---|---|---|---|
| Actual | 56.9 | 55.1 | 53.7 | 56.4 | 52.6 |
| Forecast | 55.6 | 56.1 | 55.5 | 54.0 | 55.1 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.67285 | 0.67343 | 0.09% |
| EUR/USD | 1.09605 | 1.09852 | 0.23% |
| NZD/USD | 0.62919 | 0.63043 | 0.20% |
| USD/JPY | 107.061 | 106.653 | -0.38% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 70.3% | 29.7% |
| EUR/USD | 35.6% | 64.5% |
| NZD/USD | 72.3% | 27.7% |
| USD/JPY | 58.5% | 41.6% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 1:30 | AUD | Retail Sales m/m | 0.5% | -0.1% |
| 12:30 | CAD | Trade Balance | -1.1B | -1.1B |
| 12:30 | USD | Average Hourly Earnings m/m | 0.3% | 0.4% |