The Euro traded sideways against the US Dollar, following the US Non-Manufacturing PMI survey results release on Friday at 14:00 GMT. The EUR/USD exchange currency rate gained 7 pips or 0.06% after the release. The Euro continued trading at the 1.0790 level against the Greenback after the release.
The Institute for Supply Management (ISM) released the US ISM Non-Manufacturing PMI survey results, which came out better-than-expected of 52.5 compared with the forecast of 43.5.
Anthony Nieves, Chair of the ISM Non-Manufacturing Business Survey Committee commented: "The Supplier Deliveries Index registered 62.1 percent, up 9.7 percentage points from the February reading of 52.4 percent, and limited the decrease in the composite NMI. However, the high percentage-point increase in March — the largest monthly change since an 18.5-point decrease in September 1997 — was primarily a product of supply problems related to the coronavirus (COVID-19)."
| Date | 04.12.19 | 07.01.20 | 05.02.20 | 04.03.20 | 03.04.20 |
|---|---|---|---|---|---|
| Actual | 53.9 | 55.0 | 55.5 | 57.3 | 52.5 |
| Forecast | 54.5 | 54.5 | 55.1 | 54.9 | 43.5 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.60097 | 0.60097 | 0.00% |
| EUR/USD | 1.07895 | 1.07922 | 0.03% |
| NZD/USD | 0.58633 | 0.58631 | 0.00% |
| USD/JPY | 108.481 | 108.573 | 0.08% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 67.4% | 32.6% |
| EUR/USD | 27.5% | 72.5% |
| NZD/USD | 64.8% | 35.2% |
| USD/JPY | 33.3% | 66.7% |
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