The recovery of the American slowed. Data from ISM in the US
The US dollar fell sharply against the basket of currencies due to the decline in employment in the United States in December. But, then began to grow based on the positive data on wages, having played back lost ground. See “Employment data in the US and Canada. The Canadian rushed up.“
At the moment, the recovery of the US dollar slowed due to the mixed data by the US ISM.
- According to the published data, the index of business activity in the non-manufacturing sector (PMI) by ISM in December was 55.9, which is lower than the previous value at the level of 57.4.
- The index of employment in the non-manufacturing sector (ISM) rose in December to 56.3, exceeding the November value of 55.3.
Based on this statistics, the US dollar index is traded in a predominantly flat near a significant support level of 91.50.
Fig. Graph of the US dollar index. The current price of DXY is 91.70.
Alexander Sivtsov