ISM Chicago PMI improved at a stronger pace than expected in July. US Dollar Index climbs to fresh daily highs above 93.00. The ISM-Chicago’s Purchasing Managers’ Index jumped from 36.6 in June to 51.9 in July. This reading beat the market expectation of 43.9 by a wide margin. Market reaction The greenback started to gather strength against its rivals in the American session with the upbeat data providing a boost to US Treasury bond yields. As of writing, the 10-year US Treasury bond yield was up 2.7% on a daily basis and the US Dollar Index was up 0.2% at 93.15. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold gets the best of both US fiscal negotiations and potential stimulus agreement – HSBC FX Street 3 years ISM Chicago PMI improved at a stronger pace than expected in July. US Dollar Index climbs to fresh daily highs above 93.00. The ISM-Chicago's Purchasing Managers' Index jumped from 36.6 in June to 51.9 in July. This reading beat the market expectation of 43.9 by a wide margin. Market reaction The greenback started to gather strength against its rivals in the American session with the upbeat data providing a boost to US Treasury bond yields. As of writing, the 10-year US Treasury bond yield was up 2.7% on a daily basis and the US Dollar Index was up 0.2% at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
