Tuesday, 5 November 2019

USD Spikes, Gold Sinks as ISM Services PMI Tops Estimates

The ISM Services/Non-Manufacturing PMI for October crossed the wires with a print of 54.7 vs estimates of 53.4 and prior reading of 52.6.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...