Friday, 3 January 2020

USD/JPY Extends Losses on ISM Manufacturing Miss

The ISM Manufacturing Survey showed further contraction for December as the survey printed a reading of 47.2, missing expectations of 49.0 and sending the index into it’s 5th month of contraction

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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...