Category: Daily Analysis

ISM Non-MEnufacturing PMI

By Christala Parmaxi Overview: US Dollar: September is for sure not the month of the greenback. The main currency started the month negatively with a worse than expected NFP release and it continued even lower after the release of the weak ISM Non-Manufacturing PMI. August’s Non-Manufacturing PMI fell short of expectations of 55.0 to 51.4; the greenback sank right after the announcement and it did not recover the day in most of the cases. Despite the fact that the index is above the equilibrium level of 50, it is the lowest figure......

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