Tuesday, 1 September 2020

US Dollar Claws Back Losses on Solid Manufacturing PMI Data

The US Dollar is attempting to go green as USD price action leaps higher in response to the latest manufacturing PMI data released by the Institute of Supply Management, which topped market estimates.

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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...