February ISM Manufacturing PMI Hits a Pandemic High, USD Firm Above 91.00 2021-03-01 15:00:00 Izaac Brook,
ISM Manufacturing & US Dollar Talking Points:
ISM Manufacturing PMI for January prints at 60.8 versus forecast of 58.8
Print is slightly higher than December’s, setting a new pandemic high
DXY strength continues following late February’s Treasury yields volatility Advertisement
February ISM Manufacturing PMI Hits a Pandemic High, USD Firms Above 91.00
US manufacturing activity in Februarybeat expectations as the ISM Manufacturing PMI printed at 60.8 versus a forecast of 58.8, hitting its highest level since 2018. While activity declined between December and January, February’s print shows continued strength from the manufacturing sector.
GBP/USD
of clients are net short. Long
News
of clients are net short. Long
News
2020-12-10 12:21:00
Nick Cawley,
Strategist
Brexit Outlook and Sterling (GBP/USD) Price, Analysis and Chart:
A deal is looking increasingly unlikely
Sterling down across the board
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The latest round of negative EU/UK trade talks rumors has pushed Sterling lower and back to around 1.3250 against the US dollar. According to a Bloomberg report, sources with knowledge of last night’s discussions say that it may be impossible to reconcile the two sides’ differences and that a no-deal Brexit is the likely outcome. This is only one of many reports and as always caution should be used when looking at sources reports.