The European Common Currency traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Tuesday at 15:00 GMT. The EUR/USD exchange currency rate gained 9 pips or 0.08% right after the release. The Greenback continued trading at the 1.1075 level against the Greenback.
The Institute for Supply Management (ISM) released the US ISM Non-Manufacturing PMI survey results, which came out better-than-expected of 54.7 compared with the forecast of 53.5.
Anthony Nieves, Chair of the ISM Non-Manufacturing Business Survey Committee commented: "According to the NMI, 13 non-manufacturing industries reported growth. The non-manufacturing sector had an uptick in growth after reflecting a pullback in September. The respondents continue to be concerned about tariffs, labor resources and the geopolitical climate."
| Date | 03.07.19 | 06.08.19 | 05.09.19 | 03.10.19 | 05.11.19 |
|---|---|---|---|---|---|
| Actual | 55.1 | 53.7 | 56.4 | 52.6 | 54.7 |
| Forecast | 56.1 | 55.5 | 54.4 | 55.1 | 53.5 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.68991 | 0.6899 | 0.00% |
| EUR/USD | 1.10894 | 1.10817 | -0.07% |
| NZD/USD | 0.63823 | 0.63769 | -0.08% |
| USD/JPY | 108.86 | 108.993 | 0.12% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 46.4% | 53.6% |
| EUR/USD | 26.1% | 73.9% |
| NZD/USD | 65.7% | 34.3% |
| USD/JPY | 47.3% | 52.7% |
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