2:49 PM · 23 July 2021

BREAKING: USD sees little reaction to mixed PMI data

The IHS Markit US Manufacturing PMI jumped to 63.10 in July from 62.1 in June and above market forecasts of 61.9.

The IHS Markit US Services PMI fell to 59.8 in July from 64.6 in the previous month and well below analysts’ estimates of 64.8.

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1765 level. Source: xStation5

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