The ISM Non-Manufacturing PMI for the US decreased to 62.7 in April from all-time high of 63.7 in the previous month, below analysts’ expectations of 64.3.
New orders 63.7 vs 67.2 prior
Prices paid 76.8 vs 74.0 prior (highest since at least 2008)
Employment 58.8 vs 57.2 prior
EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair fell slightly below 1.20 level. Source: xStation5
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged💶 EURUSD down 📉
There is no good scenario for the euro today
Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨