The ISM Manufacturing PMI for the US jumped to 58.6 in February from 57.6 in the previous month, and beating analysts’ expectations of 58.0 as COVID-19 infections subsided, though hiring at factories slowed, contributing to keeping supply chains snarled and prices for inputs high.
EURUSD saw a relatively small reaction to today’s data inflation release. The most popular currency pair continued to trade around 1.1150 level. Source: xStation5
📉EURUSD loses 0.3%
Economic calendar: German GDP, US jobless claims and FOMC speeches🎙️ (15.01.2026)
MIDDAY WRAP: Mixed sentiment in Europe, declines on U.S. indices
BREAKING: US consumer spending stays strong into late 2025 📈📌