The EUR/USD rallied to a three-day high on Friday after the latest US jobs data announced by the US Bureau of Labor Statistics (BLS) was solid, sponsoring a dive to a new three-week low at 1.0876.
Blogs
US: Factory Orders surprised to the upside in November
Factory Orders in the US economy expanded by 2.6% in November from a month earlier, reported the US Census Bureau.
US Treasury Secretary Janet Yellen: Current situation points to a soft landing.
According to US Treasury Secretary Yellen, she stated that the pessimism regarding the economy had been proven unwarranted.
US ISM Services PMI declines to 50.6 in December vs. 52.6 expected
Business activity in the US service sector continued to expand in December, albeit at a softer pace than November, with the ISM Services PMI declining to 50.6 from 52.7.
United States ISM Services PMI below forecasts (52.6) in December: Actual (50.6)
United States ISM Services PMI below forecasts (52.6) in December: Actual (50.6)
Canada Ivey Purchasing Managers Index s.a up to 56.3 in December from previous 54.7
Canada Ivey Purchasing Managers Index s.a up to 56.3 in December from previous 54.7
Canada Ivey Purchasing Managers Index declined to 43.7 in December from previous 53.2
Canada Ivey Purchasing Managers Index declined to 43.7 in December from previous 53.2
United States Factory Orders (MoM) above forecasts (2.1%) in November: Actual (2.6%)
United States Factory Orders (MoM) above forecasts (2.1%) in November: Actual (2.6%)
United States ISM Services New Orders Index: 52.8 (December) vs previous 55.5
United States ISM Services New Orders Index: 52.8 (December) vs previous 55.5
United States ISM Services Employment Index dipped from previous 50.7 to 43.3 in December
United States ISM Services Employment Index dipped from previous 50.7 to 43.3 in December