The ISM manufacturing PMI stands at 50.7 points, within expectations that stood on 50.9. Also the final figure from Markit didn’t disappoint and remained at growth territory, above 50.
This helped the dollar recover: EURUSD fell below 1.32 after the break higher seen earlier in the day. The markets already got used to bigger disappointments.
The wake of the US session saw an extension of the dollar’s fall, as the ADP non farm payrolls showed a gain of only 119K private sector jobs.
The Fed is awaited at 18:00 GMT. No change in policy is expected.
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