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
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰
Norges Bank keeps rates unchanged, but leaves the door open to rate hikes. Is this really the end of the NOK strengthening, though?