The Euro depreciated against the US Dollar, following the US ISM Manufacturing PMI release on Monday at 14:00 GMT. The EUR/USD currency pair lost 11 pips or 0.10% right after the release. The Euro continued trading at the 1.1225 level against the US Dollar.
The Institute for Supply Management released the US ISM Manufacturing PMI, which came better-than-expected of 55.3 compared to the forecast of 54.5.
Timothy R. Fiore, the Chair of the Institute for Supply Management, commented: "This indicates growth in manufacturing for the 31st consecutive month. The PMI reversed a February expansion decline primarily through improved growth in employment and, to a lesser extent, new orders."
| Date | 03.12.18 | 03.01.19 | 01.02.19 | 01.03.19 | 01.04.19 |
|---|---|---|---|---|---|
| Actual | 59.3 | 54.1 | 56.6 | 54.2 | 55.3 |
| Forecast | 57.5 | 57.7 | 54.1 | 55.6 | 54.5 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.71257 | 0.71223 | -0.05% |
| EUR/USD | 1.12352 | 1.12278 | -0.07% |
| NZD/USD | 0.68264 | 0.6822 | -0.06% |
| USD/JPY | 110.952 | 111.062 | 0.10% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 58.9% | 41.1% |
| EUR/USD | 26.9% | 73.1% |
| NZD/USD | 52.3% | 47.7% |
| USD/JPY | 43.0% | 57.0% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 03:30 | AUD | RBA Rate Statement | ||
| 08:30 | GBP | Construction PMI | 49.8 | 49.5 |
| 12:30 | USD | Durable Goods Orders m/m | -1.1% | 0.3% |