The PMI index for US manufacturing (S&P) was 51.8 in December; the forecast was 52.0.
The PMI index for US services (S&P) was 52.9 in December; the forecast was 54.0.
The PMI index for manufacturing and services (composite) in the US (S&P) in December was 53; previously it was 53.9.
Further data pointing to the weakness of the US economy. For this reason, we are seeing further increases in the EURUSD pair (declines in the dollar).
Daily Summary: The dollar in retreat, even as tensions in the Middle East escalate 🚨
EURUSD reverses its technical trend 💡
Cocoa gains 1% and tests the $6,000 area 🔼 How are funds positioned?
Canadian CPI slightly higher than expected 🔼 USDCAD reacts