1:49 PM · 23 June 2022

BREAKING: USD sees little reaction to downbeat flash US PMI reports

EUR/USD

Forex

US Manufacturing PMI decreased to 52.40 in June from 57.0 in May, well below forecasts of 56.5, preliminary estimates showed.
US Services PMI fell to 51.60 in May from 53.4 in the previous month and well below market consensus of 53.5, a preliminary estimate showed.

EURUSD attempts to break above 200 SMA (red line) around 1.0525 level. Source:xStation5

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