The Euro appreciated against the US Dollar, following the US Flash Manufacturing PMI survey results release on Friday at 14:45 GMT. The EUR/USD exchange currency rate gained 13 pips or 0.12% after the release. The Euro continued trading at the 1.0845 level against the Greenback after the release.
Markit released the US Flash Manufacturing PMI survey results, which came out worse-than-expected of 50.8 compared with the forecast of 51.5.
According to the official release: "New orders received by private sector firms fell for the first time since data collection began in October 2009. The fractional decline in new business stemmed from weak client demand across the service sector and the slowest rise in manufacturing new order volumes for nine months. Private sector companies continued to struggle to attract foreign client demand as new export orders fell for the second month running."
| Date | 24.10.19 | 22.11.19 | 16.12.19 | 24.021.19 | 21.02.20 |
|---|---|---|---|---|---|
| Actual | 51.5 | 52.2 | 52.5 | 51.7 | 50.8 |
| Forecast | 50.7 | 51.5 | 52.6 | 52.4 | 51.5 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.65986 | 0.65995 | 0.01% |
| EUR/USD | 1.08152 | 1.08249 | 0.09% |
| NZD/USD | 0.63151 | 0.63183 | 0.05% |
| USD/JPY | 111.864 | 111.725 | -0.12% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 71.0% | 29.0% |
| EUR/USD | 49.5% | 50.5% |
| NZD/USD | 70.1% | 29.9% |
| USD/JPY | 27.9% | 72.1% |
Economic calendar