The Euro depreciated against the US Dollar, following the US ISM Manufacturing PMI survey results release on Tuesday at 14:00 GMT. The EUR/USD exchange currency rate lost 34 pips or 0.28% after the release. The Euro continued trading at the 1.1940 level against the Greenback after the release.
The Institute for Supply Management released the US ISM Manufacturing PMI survey results, which came out better-than-expected of 56.0 compared with the forecast of 54.6.
According to the official release: "The August PMI registered 56 percent, up 1.8 percentage points from the July reading of 54.2 percent. This figure indicates expansion in the overall economy for the fourth month in a row after a contraction in April, which ended a period of 131 consecutive months of growth."
| Date | 01.05.20 | 01.06.20 | 01.07.20 | 03.08.20 | 01.09.20 |
|---|---|---|---|---|---|
| Actual | 41.5 | 43.1 | 52.6 | 54.2 | 56.0 |
| Forecast | 36.7 | 43.5 | 49.5 | 53.6 | 54.6 |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.73823 | 0.73717 | -0.14% |
| EUR/USD | 1.19755 | 1.19438 | -0.26% |
| NZD/USD | 0.67688 | 0.67546 | -0.21% |
| USD/JPY | 105.894 | 106.104 | 0.20% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 28.5% | 71.5% |
| EUR/USD | 32.4% | 67.6% |
| NZD/USD | 33.0% | 67.0% |
| USD/JPY | 38.4% | 61.6% |
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