Thursday, 21 May 2020

USD Weakness Abates on Flash Manufacturing PMI

This morning brought the release of US Flash Manufacturing PMI data to the tune of 39.8 vs the expectation of 38.0.

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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...