By Scott Andrews
USD index 04 05 2021
Key points of economic data relating to the USD index:
- ISM manufacturing index decreased to 60.7 in April from 64.7 in March, due to continued supply constraints.
- Increase in residential construction
- Decreases in spending on non-residential construction and public construction, reported by the Commerce Department last night.
- U.S. construction spending rose by much less than expected in the month of March.
These less than expected data releases overnight GMT+8 time zone helped to move the US dollar back down to 91.00 further downside to the 90.80 can be anticipated for a continued range bound pattern is likely. Buying opportunity off 90.80 is on my radar no immediate trades until price moves to 90.80
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.
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