FX : U.S. ISM edges down unexpectedly in September; GBP/USD ticks down
FXstreet.com (Barcelona) - U.S. Manufacturing Activity has expanded in September, although at a lesser extent than in August, as Manufacturing ISM edged down to 52.6 from 52.9 in August; well below the 54.0 reading expected by the analysts. The Dollar has not been deeply affected by these figures.
GBP/USD has moved down about 40 pips as the pair fell from levels right below 1.6000 to 1.5955 minutes after ISM data was released. On a longer perspective, the Pound remains rangebound from 1.5925 to 1.6000.
EUR/USD trades right above 1.4550 after having bounced at 1.4515, fresh 2-week low on the back of U.S. Personal Income /spending and Jobless claims data.
USD/JPY remains trading right above intra-day low at 89.45 as the Dollar dropped from 90.15 high on early european session. On a longer perspective, the pair moves in a range from 89.35 to 90.20/40.
