EUR/USD: US Flash Manufacturing and Services PMIs

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Source: Dukascopy Bank SA

The Euro depreciated against the US Dollar, following the US Flash Manufacturing and Services PMIs survey results release on Tuesday at 13:45 GMT. The EUR/USD exchange currency rate lost 12 pips or 0.10% after the release. The Euro continued trading at the 1.1680 level against the Greenback after the release.

Markit released the US Flash Manufacturing PMI survey results, which came out better-than-expected of 53.5 compared with the forecast of 52.5.

According to the official release: "U.S. companies signalled a further solid rise in business activity during September, albeit one that was slightly weaker than seen in August, rounding off a solid third quarter. Manufacturers and service providers alike noted strong expansions in output, with goods producers registering a faster rise in production."


Historical Data: US Flash Manufacturing PMI
Date21.05.2023.06.2024.07.2021.08.2023.09.20
Actual39.849.651.353.653.5
Forecast39.350.052.051.952.5
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.711440.7109-0.08%
EUR/USD1.169231.16822-0.09%
NZD/USD0.658760.65859-0.03%
USD/JPY105.137105.1470.01%
Sep 23, 2020 Open Positions
PairLongsShorts
AUD/USD36.9%63.1%
EUR/USD48.8%51.2%
NZD/USD36.7%63.3%
USD/JPY56.9%43.1%

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