The European Common Currency depreciated against the US Dollar, following the US ISM Manufacturing PMI data release on Monday at 14:00 GMT. The EUR/USD exchange currency rate lost 13 pips or 0.12% right after the release. The Euro continued trading at the 1.1330 level against the Greenback.
Institute for Supply Management released the US ISM Manufacturing PMI data , which came out better-than-expected of 51.7 compared with the forecast of 51.3.
According to the official release: "Respondents expressed concern about U.S.-China trade turbulence, potential Mexico trade actions and the global economy. Overall, sentiment this month is evenly mixed. Of the 18 manufacturing industries, 12 reported growth in June."
| Date | 05.03.19 | 03.04.19 | 03.05.19 | 05.06.19 | 01.07.19 |
|---|---|---|---|---|---|
| Actual | 59.7 | 56.1 | 55.5 | 56.9 | 51.7 |
| Forecast | 57.4 | 58.1 | 57.2 | 55.6 | 51.3 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.69885 | 0.69849 | -0.05% |
| EUR/USD | 1.13363 | 1.13277 | -0.08% |
| NZD/USD | 0.66940 | 0.66898 | -0.06% |
| USD/JPY | 108.271 | 108.34 | 0.06% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 48.5% | 51.5% |
| EUR/USD | 29.0% | 71.0% |
| NZD/USD | 57.3% | 42.7% |
| USD/JPY | 73.1% | 26.9% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 4:30 | AUD | Cash Rate | 1.00% | 1.25% |
| 4:30 | AUD | RBA Rate Statement | - | - |
| 21:30 | AUD | RBA Gov Lowe Speaks | - | - |