Tuesday, 5 May 2020

US Dollar Rises as ISM NMI Drops to 2009 Low

The ISM NMI dropped to a 2009 low for this past April. Despite the troubling economic data print, the US Dollar pushed higher after the report crossed the wires.

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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...