The ISM Non-Manufacturing PMI for the US fell to 55.3 in February from 58.7 in the previous month, below analysts’ expectations of 58.7.
Prices paid 71.8 vs 64.2
New orders 51.9 vs 61.8 prior
Employment 52.7 vs 55.2 prior
EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around the 1.2050 level. Source: xStation5
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Daily summary: Gold surges 2%, Nasdaq drags down sentiments on Wall Street