BREAKING: EURUSD dips after stronger than expected ISM📌

6:02 PM 1 May 2025

02:45 PM BST, United States - PMI Data for April:

  • S&P Global Manufacturing PMI: actual 50.2; forecast 50.7; previous 50.2;

03:00 PM BST, United States - ISM Data for April:

  • ISM Manufacturing Prices: actual 69.8; forecast 72.9; previous 69.4;
  • ISM Manufacturing PMI: actual 48.7; forecast 48.0; previous 49.0;
  • ISM Manufacturing New Orders Index: actual 47.2; previous 45.2;
  • ISM Manufacturing Employment: actual 46.5; previous 44.7;

The latest ISM manufacturing data shows slight improvement over last month, with the headline index rising above 50.7. New orders (47.2 vs 45.2) and employment (46.5 vs 44.7) both improved, though still in contraction. Prices paid remained high at 69.8, just below expectations. The data suggests early signs of stabilization, possibly driven by tariff-related shifts in demand, as also noted by S&P Global report.

The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.

Share:
Back

Join over 1 400 000 investors from around the world