BREAKING: US Manufacturing PMI slightly below expectations

1:52 PM October 23, 2020

US Manufacturing PMI increased to 53.3  in October from 53.2 in September, slightly below analysts’ expectations of 53.4. The reading pointed to the fourth straight month of growth in factory activity and the strongest since January of 2019.

US Services PMI rose to 56.0 in October from 54.6 in the previous month, above market consensus of 54.6.
Figures pointed to a small deceleration of factory activity.

EURUSD - pair fell after today's data releases and is heading towards 1.8300 support level. Source:xStation5 

 

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