The Euro depreciated against the US Dollar, following the US Flash PMIs survey results release on Monday at 14:45 GMT. The EUR/USD exchange currency rate lost 78 pips or 0.66% after the release. The Euro continued trading at the 1.1820 level against the Greenback after the release.
Markit released US Flash Manufacturing PMI survey results, which came out worse-than-expected of 56.7 compared with the forecast of 52.5.
According to the official release: "U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the fastest for over fiveand-a-half years, as both manufacturers and service providers indicated a steeper upturn in output. The month also saw a survey record rise in employment and an unprecedented increase in prices, the latter in part linked to a record incidence of supply chain delays."
| Date | 24.07.20 | 21.08.20 | 23.09.20 | 23.10.20 | 23.11.20 |
|---|---|---|---|---|---|
| Actual | 51.3 | 53.6 | 53.5 | 53.3 | 56.7 |
| Forecast | 52.0 | 51.9 | 52.5 | 53.5 | 52.5 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.73187 | 0.72851 | -0.46% |
| EUR/USD | 1.18952 | 1.18265 | -0.58% |
| NZD/USD | 0.69501 | 0.69177 | -0.47% |
| USD/JPY | 103.75 | 104.293 | 0.52% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 28.8% | 71.2% |
| EUR/USD | 42.7% | 57.3% |
| NZD/USD | 29.4% | 70.6% |
| USD/JPY | 58.2% | 41.8% |
Economic calendar