By Christopher Romano — Oct 04 - 10:10 AM
Sept ISM non-mfg PMI down to 53.6 from 54.5 in Aug & against f/c 53.6
Prices paid components 58.9 vs prior 58.9, employment 53.4 from 54.7
US yields US10YT=RR, US$ lift due to sticky prices paid component
EUR/USD erased the early NY gains, fell to 1.0492 on EBS, was up +0.25%
Bids near the October 3 daily high help to stem the slide
Rising daily RSI should give some encouragement to EUR/USD longs
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary