The European Common Currency appreciated against the US Dollar, following US ISM Manufacturing PMI survey data release on Monday at 15:00 GMT. The EUR/USD exchange currency rate gained 18 pips or 0.16% right after the release. The Euro continued trading at the 1.1065 level against the Greenback.
The Institute for Supply Management released the US ISM Manufacturing PMI survey results, which came out worse-than-expected of 48.1 compared with the forecast of 49.2.
Timothy R. Fiore, the Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee, commented: "Global trade remains the most significant cross-industry issue. Among the six big industry sectors, Food, Beverage & Tobacco Products remains the strongest, while Fabricated Metal Products is the weakest. Overall, sentiment this month is neutral regarding near-term growth."
| Date | 01.08.19 | 03.09.19 | 01.10.19 | 01.11.19 | 02.12.19 |
|---|---|---|---|---|---|
| Actual | 51.2 | 49.1 | 47.8 | 48.3 | 48.1 |
| Forecast | 52.0 | 51.2 | 50.4 | 49.0 | 49.2 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.67976 | 0.68014 | 0.06% |
| EUR/USD | 1.10451 | 1.10614 | 0.15% |
| NZD/USD | 0.64867 | 0.64914 | 0.07% |
| USD/JPY | 109.538 | 109.329 | -0.19% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 70.4% | 29.7% |
| EUR/USD | 31.9% | 68.1% |
| NZD/USD | 56.7% | 43.4% |
| USD/JPY | 29.2% | 70.9% |
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