Stagnant ISM Manufacturing PMI Pressures The USD

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 3, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Monday's bland US ISM manufacturing PMI of 50.1 diluted the spice of last week's hawkish FOMC statement which had benefited the USD bulls. This has been the lowest ISM figure in two and a half years, andone which slowly gravitates to contractionary levels below 50. Dollar sensitivity is rife and[​IMG]

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