International News
EUR/USD opened markets at 1.1308 hitting a brief high of 1.1332 before the pair dropped to the day’s low of 1.1231 during afternoon trading and closed markets around 1.1250. This morning we see EUR/USD open at 1.1252
The US manufacturing sector descended to its slowest activity in 22 months, adding more fuel to the dovish argument as the FED weighs up tightening its policy in September. Final reading of US manufacturing activity dipped to 53.0 during the eighth month of the year, the lowest level since November 2013. The ISM manufacturing purchasing manager’s index fell to 51.1 in August from 52.7 in July [...]
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