By Christopher Romano — May 03 - 10:25 AM
US April ISM non-mfg 51.9 versus 51.2 in March, estimate of 51.8
Prices paid component up to 59.6 but jobs slumps to 50.8 from 51.3
US yields US2YT=RR, US$ sink slightly, jobs data may be impacting
EUR/USD rallied to 1.1054 on EBS, hit a 4-session high then dipped
Techs are bullish; monthly long legged doji formed, RSIs rising
EUR/USD trading above the rising 10- & 21-DMAs reinforces bull signs
Fed risk looms, 25 bps hike expected, statement may be more impactful
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Source:
Refinitiv IFR Research/Market Commentary