The European Common Currency traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Tuesday at 15:00 GMT. The EUR/USD exchange currency rate lost 7 pips or 0.06% right after the release. The Euro continued trading at the 1.1148 level against the Greenback.
The Institute for Supply Management (ISM) released the US ISM Non-Manufacturing survey results data, which came out better-than-expected of 55.0 compared with the forecast of 54.5.
The Chair of the Institute for Supply Management (ISM) Non-Manufacturing Business Survey Committee Anthony Nieves commented: "According to the NMI, 11 non-manufacturing industries reported growth. The non-manufacturing sector had an uptick in growth in December. The respondents are positive about the potential resolution on tariffs. Capacity constraints have eased a bit; however, respondents continue to have difficulty with labor resources."
| Date | 05.09.19 | 03.10.19 | 05.11.19 | 04.12.19 | 07.01.20 |
|---|---|---|---|---|---|
| Actual | 56.4 | 52.6 | 54.7 | 53.9 | 55.0 |
| Forecast | 54.0 | 55.1 | 53.5 | 54.5 | 54.5 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.68659 | 0.68679 | 0.03% |
| EUR/USD | 1.1148 | 1.11471 | -0.01% |
| NZD/USD | 0.66308 | 0.66321 | 0.02% |
| USD/JPY | 108.432 | 108.457 | 0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 64.9% | 35.1% |
| EUR/USD | 28.2% | 71.8% |
| NZD/USD | 26.6% | 73.4% |
| USD/JPY | 45.1% | 54.9% |
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