The European single currency weakened against the Greenback, following the US ISM Non-Manufacturing PMI data release on Thursday at 14:00 GMT. The EUR/USD currency pair lost eight pips in 5 minute range candle, or 0.07%, to continue fluctuating in the 1.1694 area.
The Institute for Supply Management released the monthly US Non-Manufacturing Purchasing Managers' Index data that came out better-than-expected of 59.1, compare to forecasted 58.3.
The news have created a flat down movement of the EUR/USD currency pair, since the data come out better-than-expected. The slight impact shows the absences of the big players in the markets thereat.
Historical Data Table: US ISM Non-Manufacturing PMI | Economic Calendar for 05.07.2018 | ||||||||
Date | 02.04.2018 | 01.05.2018 | 01.06.2018 | 02.07.2018 | 05.07.2018 | 3:00 PM | US Crude Oil Inventories | ||
Actual | 59.3 | 57.3 | 58.7 | 60.2 | 59.1 | 6:00 PM | US FOMC Meeting Minutes | ||
Forecast | 60.1 | 58.4 | 58.3 | 58.2 | 58.3 | 10:30 PM | Australian AIG Construction Index | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/USD | 0.73828 | 0.73839 | 0.01% | AUD/USD | 62.58% | 37.42% | |||
EUR/USD | 1.16598 | 1.16608 | 0.01% | EUR/USD | 60.06% | 39.94% | |||
USD/JPY | 110.417 | 110.391 | -0.02% | USD/JPY | 51.53% | 48.47% | |||
NZD/USD | 0.67647 | 0.67665 | 0.03% | NZD/USD | 50.34% | 49.66% |